Yields up on US Treasuries

Prices on US Treasury bonds dropped on Tuesday after equities markets saw gains and results were better on factor orders in May than had been hoped, and even though realtors reported that pending sales of homes in May were as low as they have been since September 2001.

Two-year Treasury bonds were yielding 4.891 percent, while ten-year yields were at 4.045 percent against yields of 4.987 percent on Monday afternoon. Yields on 30-year paper was up to 5.143 percent after yielding 5.093 percent Monday.

Markets closed early on Tuesday and will be closed on Wednesday in the United States.

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