Treasuries dropped, pushing 10-year note yields to the highest level since October, a day after the Federal Reserve raised its assessment of the U.S. economy and sapped demand for the safety of government debt.
Ten- and 30-year yields rose past their 200-day moving averages for the first time since July, suggesting bond prices may decline further. A gauge of investor expectations for inflation climbed to the highest in seven months. Thirty-year bonds dropped before a $13 billion sale of the debt.
