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Treasuries Fall Amid Bets Fed Will Stop Buying Debt

By Patrick   Follow   Thu, 18 Apr 2013, 3:20pm PDT   129 views   0 comments
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Treasuries fell for the first time in three days ahead of data next week that may show gains in the U.S. housing market, supporting the case for the Federal Reserve to start scaling back its asset purchases. Benchmark 10-year yields pared a weekly decline as Asian stocks rallied from their biggest loss in a month. U.S. notes delivered a 0.7 percent return since Dec. 31, set for the smallest annual gain since a loss in 2009, Bank of America Merrill Lynch Index data show. The Fed is buying government and mortgage debt at a rate of $85 billion a month...

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