Treasuries decline after yields test bottom

Treasuries fell, pushing up yields from near the lowest levels of 2017, as traders weighed fading optimism about fiscal stimulus against the risk of Federal Reserve interest-rate increases and potential changes to the central bank’s balance-sheet policy. The 10-year yield rose about four basis points to 2.36 percent at 4:10 p.m. in New York, after touching 2.31 percent, Bloomberg Bond Trader data show. The yield spread between five- and 30-year Treasuries widened to about 111 basis points. Resea...

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