Treasuries fell, pushing yields on 10-year notes up the most since September, after stronger-than- forecast job gains suggested the economy is poised to accelerate after being hampered by severe winter weather.
U.S. stocks fell with Treasuries while the dollar gained as Federal Reserve meeting minutes indicated stimulus cuts would likely continue in measured steps and the International Monetary Fund warned of risks to global growth. Ukraine’s bonds tumbled while U.S. natural gas jumped.
Treasury 10-year note yields rose from the lowest level in more than a week as minutes of the Federal Reserve’s last meeting signaled little likelihood of a pause in the central bank’s reduction of bond purchases.
Treasuries fell after the Federal Reserve said it will reduce monthly bond purchases by $10 billion, putting policy makers on a path to a wind-down of unprecedented stimulus as the economy accelerates.
Treasuries fell, pushing yields on benchmark 10-year notes up from almost three-month lows, after the Federal Reserve said policy makers see improvement in economic activity while maintaining monthly bond purchases.
Treasury 10-year note yields fell from the highest in almost three months as investors weighed prospects for the Federal Reserve’s bond purchases after data showed the economy added more jobs than forecast last month.