Treasury Fall Amid Speculation U.S. Economy Improving

Treasuries fell, with yields on 30-year bonds reaching the highest this month, as haven demand ebbed before data this week forecast to show retail sales rose and housing starts increased at the fastest pace this year.

The yield gap between Treasury two- and 30-year securities increased to the widest in almost three weeks on bets the economy is picking up. Stocks rose. A Bloomberg Markets Global Investor Poll showed investors view the U.S. as the world’s bright spot. Federal Reserve Chair Janet Yellen is due to speak May 15 after using comments last week to temper speculation growth will accelerate an increase in interest rates.