Treasuries Decline as U.S. Stocks Retreat, Silver Gains

Treasuries fell, sending 10-year yields up from almost a three-month low, and U.S. stocks ended lower as investors dissected reports showing growth in jobs and acceleration in service industries. Silver and gold paced gains in commodities.

Ten-year yields increased four basis points to 2.67 percent while the S&P 500 slipped 0.2 percent to 1,751.64 at 4 p.m. in New York, trimming an earlier loss of as much as 1 percent. The Stoxx Europe 600 Index increased 0.1 percent and the MSCI Asia Pacific Index advanced 0.7 percent. The S&P GSCI Index of 24 raw materials rose 0.1 percent as coffee jumped 5 percent on supply concerns and silver climbed more than 2 percent. Greek 10-year yields declined 29 basis points on speculation bailout terms will be eased. Japan’s currency rose against 13 of its 16 major counterparts.