Bond yields rose on Tuesday, pushed up by investors’ enthusiasm over an increase in retail sales last month.
The yield on the 10-year Treasury jumped to 1.73 percent Tuesday from 1.66 percent Monday. When the yield rises, it means the government has to pay a higher interest rate to persuade investors to buy its bonds. That usually happens when investors are feeling confident about the economy and more willing to put their money into stocks instead of bonds.
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