Skip to content
Subscriber Only

U.S. 30-Year Bonds End 3 Days of Losses as Yields Boost Demand

Treasury 30-year bonds snapped a three-day losing streak as the highest yields since 2011 fueled demand and Federal Reserve Bank of Dallas President Richard Fisher said investors shouldn’t overreact to the central bank’s plan to slow bond purchases.

U.S. 10-year notes pared losses as volatility surged. Treasuries slid earlier as government debt from Australia to Germany fell on bets a cut in accommodation from the Fed will lead to an eventual end of record low central-bank interest rates. Fed Chairman Ben S. Bernanke said June 19 U.S. policy makers may begin tapering their quantitative-easing program this year and end it in mid-2014. The Treasury will sell $99 billion in notes this week.