Treasuries Slump With U.S. Stocks, Metals While Crops Advance
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Treasury yields jumped to the highest level since 2011 amid swelling speculation the Federal Reserve will trim its bond purchases next month. Emerging markets led losses in stocks and industrial metals slid, while U.S. shares were poised for their first four-day slump of 2013.
Ten-year Treasury yields climbed six basis points to 2.88 percent and yielded 40 basis points more than bonds in an index of debt from the Group of Seven nations, the highest since May