Wed, 10 Jul 2013 06:17:05 GMT
Relative 10-year Treasury yield almost highest in 2 years
Yield on 10-year Treasuries relative to 2- and 30-year government securities was near the highest point since 2011 before $21 billion auction today. The difference between yields was 1.25%, while it reached 1.39% last week. Yield on 10-year government bonds was 2.63%, while it is expected that the yield might rise to 3% next week.