U.S. Yields Rise From One-Week Low on Taper Outlook

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.

U.S. government securities fell as the minutes said several policy makers favored cutting monthly bond-buying by $10 billion at each meeting. Ten-year yields dropped earlier as U.S. housing starts slowed more than forecast, adding to bets the economy may be stumbling even as harsh winter weather added to the homebuilding industry’s burdens.