By Patrick follow 2013 Apr 18, 3:20pm 226 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...