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Treasuries Rise With Gold as Kiwi Jumps While Oil Drops

Treasuries climbed with gold while U.S. stocks erased losses as investors weighed developments in Ukraine while concern intensified that slowing growth in China will hurt demand. Oil retreated on rising U.S. supplies.

Yields on 10-year Treasuries fell four basis points to 2.73 percent by 5:12 p.m. in New York. The Standard & Poor’s 500 Index rose less than 0.1 percent after earlier falling. The MSCI All Country World Index dropped a fourth day in its longest slump this year. The yen strengthened versus most major peers while New Zealand’s dollar jumped after interest rates were raised from a record low. Gold touched the highest level since September and crude dropped to an almost five-week low.