Ten-Year Treasury Yield Jumps Back Up To 3%

wochit business
January 08, 2014 AT 10:35 AM
Treasuries fell Wednesday and the yield on the 10-year Treasury pushed over 3% again as investors gained more confidence in the strength of the economy and job creation. The 10-year Treasury revisited the 3% yield threshold, up from 2.94% Tuesday, just before the Federal Reserve releases minutes from the December meeting. And investors are increasingly certain the central bank will cut back its monthly buys of government debt.