(Updates market action on 10-year yield)
NEW YORK, Dec 7 (BestGrowthStock) – The yield on benchmark U.S.
10-year Treasury notes rose above its 200-day moving average of
3.10 percent on Tuesday, signaling the bond market is
vulnerable to further losses.
The 10-year note yield (US10YT=RR: ) touched 3.101 percent,
its highest since mid-July, according to Reuters data. This
compared with 2.92 percent late on Monday.
(Reporting by Richard Leong, Editing by Chizu Nomiyama)
TREASURIES-10-year yield breaks 200-day moving average