Treasuries

Treasuries fell Thursday, pushing the yield on seven-year notes to near the highest level in more than a month, as the U.S. prepares a $28 billion offering of the debt amid concern the deluge of supply will overwhelm demand.
The yield on the seven-year note rose five basis points, or 0.05 percentage point, to 3.35 percent at 11:42 a.m. in New York, according to BGCantor Market Data. The 10-year note yield rose four basis points to 3.70 percent. The 30-year bond yield increased three basis points to 4.53 percent.

Jul 30 · 12:28:00 PM · Source: Bloomberg.com
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by Rich Pike