Treasury Yields Reach 2-Year High as Job Gains Boost Taper Bets - Bloomberg
"The benchmark 10-year note yield rose 25 basis points, or 0.25 percentage point, to 2.74 percent this week in New York, according to Bloomberg Bond Trader prices, closing at the highest level since August 2011. The price of the 1.75 percent security due in May 2023 fell 2 2/32, or $20.63 per $1,000 face amount, to 91 1/2.The yield on the 30-year bond rose 21 basis points to 3.71 percent. "
Mortgage REITs Slide Mos...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.