Subscribe
Business

Treasurys fall as cash flows to riskier plays

By The Associated Press
Published
Add Washington Examiner on Google

U.S. Treasury prices fell Thursday as strong corporate profits and housing market data drew cash into riskier investments.

Cisco Systems, the world’s largest maker of computer networking equipment, reported gangbuster earnings. Wal-Mart reported a jump in net income. And U.S. building permits jumped last month to the highest since August 2008, a sign that the housing market is beginning to bounce back.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.