Treasury five-year note yields fell to almost the lowest level since June amid speculation demand at a $35 billion sale of the securities will be boosted on bets the Federal Reserve will maintain stimulus.
Treasuries fell, paring weekly gains, on speculation insurers in Japan may sell U.S. government debt to pay claims on damage caused by the nation’s strongest earthquake on record.
Treasury 10-year notes tumbled the most in almost two years after stronger-than-forecast employment growth stoked speculation the Federal Reserve will begin to reduce the size of its asset purchases.
"We are the economic engine."
- Michael Franzese on Nov 25, 2014