Ten-Year Treasury Yield Trades Near Five-Year High After Homebuilder Data

(Bloomberg) -- Treasuries were little changed, with
10-year yields near the highest in five years, on a sign of
continued weakness in the housing market.

The difference in yields between 10-year notes and two-year
notes narrowed as confidence among U.S. homebuilders fell this
month to its lowest since February 1991. A Commerce Department
report tomorrow is forecast by economists to signal housing
construction fell to a four-month low.


Read more at Bloomberg Bonds News