Otmane El Rhazi from Investor's Business Daily - Investing RSS.
U.S. five-year-note yields touched the highest in almost a month Monday after a greater-than-forecast reading in the Institute for Supply Management's U.S. factory index boosted the argument for an interest-rate increase. Yields on 30-year debt, more sensitive to the outlook for inflation than expectations for changes in monetary policy, held steady with gains in consumer prices below the central bank's target since April 2012.
U.S. five-year-note yields touched the highest in almost a month Monday after a greater-than-forecast reading in the Institute for Supply Management's U.S. factory index boosted the argument for an interest-rate increase. Yields on 30-year debt, more sensitive to the outlook for inflation than expectations for changes in monetary policy, held steady with gains in consumer prices below the central bank's target since April 2012.
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