Economics

Treasuries Rise as Euro Falls; Most U.S. Stocks Retreat

Lock
This article is for subscribers only.

Treasuries rose for a second day amid speculation economic growth will fail to fuel employment, while European stocks and the euro fell on concern leaders will struggle to tame the debt crisis. Most U.S. stocks retreated.

Ten-year U.S. Treasury yields declined three basis points to 1.81 percent. The Standard & Poor’s 500 Index slipped 0.1 percent to 1,459.32 as five stocks declined for every four rising in the U.S. The Stoxx Europe 600 Index decreased 0.4 percent. The euro slid 0.5 percent to $1.3046, weakening for a second day after reaching a four-month high last week. The S&P GSCI Index of commodities lost 1.3 percent, extending its biggest two-day tumble since June.