Treasuries Advance as Yields Lure Investors Before U.S. Housing Reports

(Bloomberg) -- U.S. Treasuries rose as yields near
a five-year high attracted some investors before U.S. housing
market data today and tomorrow.

Bonds rebounded after a six-week slide, the longest run of
losses since 2005. An industry report today will show sentiment
among home builders matched the lowest since 1991 and a separate
report tomorrow will signal a decline in housing construction to
a four-month low, according to Bloomberg surveys.


Read more at Bloomberg Bonds News