The Federal Reserve.

Sept. 10 (Bloomberg) — U.S. government debt fell for a fifth day, the longest skid in three months, amid concern investors are underestimating when the Federal Reserve will raise borrowing costs next year.

Yields on benchmark 10-year notes rose alongside those of European bonds, reaching the highest in a month, before the U.S. auctions $21 billion of the securities. Treasuries are the world’s worst-performing bonds this quarter as the Fed prepares to end its bond buying while the European Central Bank introduced additional stimulus. Analysts said data this week will show jobless claims fell and retail sales increased, adding to the case for the Fed to raise rates.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.