Business & Finance

US yields rise in April on supply, Europe

Published April 30, 2015 Updated April 30, 2015 08:25pm

1 min

By Imad Uddin

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NEW YORK: US Treasuries yields rose in April for their second monthly increase since January due to heavy bond supply, and less pessimism about Europe that spurred heavy selling in German Bunds and other low-risk government debt.

Benchmark 10-year Treasuries yields were on track to rise 11 basis points in April following a 6.8 basis-point decline in March, according to Reuters data.

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