Treasuries Follow UK Bond Selloff With Data Void Set to End

Treasuries fell, sending yields toward their highest levels of the week, as investors continued to flock to US stocks and UK government bond yields soared.

Yields were higher by as much as three basis points across maturities in early afternoon in New York Friday, near session highs. US stock benchmarks also were higher after erasing losses that had benefited Treasuries. And the UK 10-year yield ended 14 basis points higher, a rout caused by a fiscal policy shift.