9/15/2017, 7:50 PM (Source: TeleTrader)
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Treasuries fall as equities gain more strength

United States government bonds were lower on Friday as major equity indexes on Wall Street hit record highs during the session and as investors focus on today's economic data releases.

The Dow Jones Industrial Average index was 0.21% higher at 7:41 pm CET, while the Nasdaq 100 rose 0.3%. The S&P 500 edged up 0.06% at the same time, as technology stocks outperformed in all three indexes.

The yield on 10-year Treasuries rose 1.4 basis points to 2.1987% at 7:36 pm CET, while the yield on two-year bonds climbed 1.47 basis points to 1.3762%. The yield on 30-year debt increased 1.4 basis points to 2.1987% at the same time. In Europe, the yield on 10-year German Bunds jumped 2 basis points to 0.433%, whereas the yield on 10-year British gilts rallied 7.9 basis points to 1.309%. Bond yields move in the opposite direction relative to prices.

Baha Breaking News (BBN) / IB