U.S. 10-Year Yield Hits 1-Month High on Europe Optimism, Economy

U.S. 10-Year Yield Hits 1-Month High on Europe Optimism, Economy

Patrick Fallon/Bloomberg

U.S. housing starts jumped 15 percent to an 872,000 annual rate last month, the most since July 2008 and exceeding all forecasts in a Bloomberg survey of economists, Commerce Department figures showed in Washington.