10-year Treasurys rise above 3%

01/5/2014 | Bloomberg

With more indicators pointing to the U.S. economic recovery picking up momentum, the 10-year Treasury yield topped 3% and the 30-year bond came close to 4% last week. The spread between 10-year Treasurys and Treasury Inflation-Protected Securities with comparable maturity widened, suggesting that investors anticipate rising consumer prices.

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