Bond yields up
April 25, 2006
Yields on US Treasury bonds were also up on the day after the Conference Board reported consumer confidence in the United States at its highest level in four years in April, with its consumer confidence index at 109.6 in April, up from 107.2 in March. April’s index level had been expected to decline. In addition, existing home sales in the US were up 0.3 percent tin March against in expected drop.
At late morning in New York, ten-year Treasury bonds were yielding 5.079 percent, in increase of 9.4 basis points. Two-year bonds were up 6.9 basis points to a yield of 4.954 percent.