Bond Yields Tick Higher As Focus Turns To Washington
Treasury prices slid Friday on brighter outlooks from consumers, with investors turning to fiscal talks in Washington as a slate of budget cuts looms. The Thomson Reuters/University of Michigan's consumer sentiment index rose to 76.3 from 73.8 in January, topping economists' forecasts for 74.8. "The number was stronger than expected and consistent with a U.S. economy that continues to grow," said Eric Stein, a portfolio manager at Eaton Vance in
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