Treasuries Fall First Time in 3 Days as Ukraine Tension Eases
This article is for subscribers only.
Treasuries fell for the first time in three days, with benchmark 10-year yields rising from a seven-week low, as haven demand ebbed a day after a Malaysian airliner was shot down over Ukraine.
U.S. bonds pared this week’s gains after surging yesterday when the flight from Amsterdam to Kuala Lumpur was downed by a missile and as Israeli troops moved into Gaza. President Barack Obama called for an immediate cease fire in Ukraine. An index of leading indicators for June showed a fifth month of expansion, while a private survey this month showed flagging consumer sentiment.