February 05, 2013 at 18:11 PM EST
Improving Economic News, Roaring Stocks Dent Bonds
U.S. Treasury prices fell Tuesday as a rebound in Wall Street stocks and data on European business activity that indicated improvement in the region's economy cut the appetite for safe-haven government debt, pushing benchmark yields back above 2%. Sentiment in European bond markets contributed to the move to riskier assets, as yields on Italian and Spanish sovereign debt fell, a day after a jump on worries about possible political shake-ups in the
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