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Bond Brief: Yields Hit Multiyear Highs
Updated from 11:24 a.m. EDT
Treasuries limped lower Wednesday and yields on both ends of the curve touched multiyear highs in the wake of a lackluster five-year note auction that reaffirmed expectations the Federal Reserve has more interest rate hikes up its sleeve.
Economic reports will now take center stage, including the final reading on fourth-quarter GDP and weekly jobless claims numbers due out on Thursday; data on personal spending, personal income and factory orders are to be released Friday.
In corporates, Lehman Brothers(LEH Quote), Dynegy(DYN Quote), ING(ISG Quote) and Newfield Exploration(NFX Quote) all announced bond sales. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,322.70 | 1,097.31 | 2,182.48 | 34.99 |
Oil *
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DOWN
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DOWN
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24.43
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10 Yr
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