In the fixed-income world, Treasuries fell for the first time in four days amid speculation that the rally that pushed yields to their lowest level in two months can’t be sustained. As a result, the yield on a 10-year note climbed this morning. The iShares Barclays 7-10 Yr. Treasury (NYSEArca: IEF) was down 0.3% in morning trading.
As for the overall markets, all three major U.S. indexes were slightly in negative territory with the Dow Jones Industrial Average down 0.2%, the S&P 500 dropping 0.03% and the Nasdaq giving up 0.04%.
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Kevin Grewal contributed to this article.