Bonds falter as blazing stock rally lures investors
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(Reuters) - Improving U.S. economic data is pushing investors out of U.S. government bonds at the fastest pace in months, the latest sign that risk appetite is returning to broader markets. Yields on the benchmark 10-year U.S. Treasury rose on Friday to 0.96%, their highest since March 20, after government data showed the economy unexpectedly added jobs in May after suffering record losses in the prior month. Those on the 30-year Treasury bond were recently at 1.76%, up from 1.40% a week ago...