Reuters logo
TREASURIES-U.S. bond yields rise as PPI spikes in April
May 11, 2017 / 1:21 PM / 4 months ago

TREASURIES-U.S. bond yields rise as PPI spikes in April

NEW YORK, May 11 (Reuters) - U.S. Treasury yields turned higher on Thursday, touching their highest levels since at least the end of March, as a stronger-than-forecast rise in producer prices in April buttressed the notion of U.S. inflation accelerating in the second quarter.

In early Thursday trading, the benchmark 10-year Treasury yield touched 2.421 percent, its highest level since March 31, while two-year yield reached 1.367 percent, a level last seen on March 15, according to Reuters data. (Reporting by Richard Leong; Editing by Chizu Nomiyama)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below