(Bloomberg) -- U.S. Treasuries fell, resuming a
six-week slump, before government reports that will probably
show faster inflation.
The benchmark 10-year Treasury note's yield rose 2 basis
points to 5.22 percent. The yield is 14 basis points more than
on two-year government debt, compared with a spread of 1 basis
point a week ago. The Labor Department may say producer prices
excluding food and energy costs increased 0.2 percent in May
from a month earlier, after being unchanged in April, according
to a Bloomberg News survey of economists.
Read more at Bloomberg Bonds News
six-week slump, before government reports that will probably
show faster inflation.
The benchmark 10-year Treasury note's yield rose 2 basis
points to 5.22 percent. The yield is 14 basis points more than
on two-year government debt, compared with a spread of 1 basis
point a week ago. The Labor Department may say producer prices
excluding food and energy costs increased 0.2 percent in May
from a month earlier, after being unchanged in April, according
to a Bloomberg News survey of economists.
Read more at Bloomberg Bonds News
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