Treasury Prices Decline Following Weeks of Gains.

The article reports on the decline of treasury bond prices as the government bond market in the U.S. fell from the hefty rally it has enjoyed. It states that the losses came from longer-maturity government bonds, with the benchmark 10-year note down 12/32 point. David Ader of RBS Greenwich Capital mentioned that the yield fell 3.80% as the two-year note approached an important yield target of 3.75%.