Treasuries Slide As Lower Yields Dampen Demand

Investor's Business Daily - Investing RSS http://ift.tt/1GWfEjU An auction of Treasury five-year notes showed the limits to investors' appetite for U.S. government debt. With yields reaching six-week lows, the $35 billion sale attracted the least demand since July 2009. That weighed down Treasury prices even as the stock market, a riskier asset class, sold off. The note auction followed gains in Treasury prices during the past week after Federal Reserve policymakers cut their forecasts for