Treasury yields inch up as stocks rise

AP News
Posted: Jul 25, 2012 4:12 PM
Treasury yields inch up as stocks rise

The yield on the government's benchmark bond is up slightly, but it's hardly a convincing sign that investors are getting back into stocks. The yields on other government bonds, including the 30-year bond, are flat.

The yield on the 10-year Treasury edged up to 1.40 percent, just above Tuesday's record low of 1.39 percent. The price is down 12.5 cents for every $100 invested.

The yield goes up when investors pull their money out of bonds, which they tend to do when they're more confident about the economy. Stocks are ending mixed, with the Dow Jones industrial average up and two other key indexes, the Standard & Poor's 500 and the Nasdaq composite index, down.

The yield on the 30-year bond, the two-year note and the three-month T-bill held steady.