Treasuries Drop

Prices fell amid another batch of strong economic data

Treasuries were lower in price on Tuesday, with the 10-year note yielding 4.33%, after news that June personal consumption expenditures climbed 0.8% after going unchanged in May; personal income rose 0.5% after a 0.2% gain in May. The data are mostly in line with expectations.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.