Treasury, bund yields rise on upbeat data

|By:, SA News Editor

The yield on the 10-year hits a two-year high at 2.95% as upbeat data on U.S. manufacturing and construction spending gives the market more reason to bet on a September taper.

A similar dynamic is taking place across the pond, as the yield on German 10-year bunds (another safe haven) crosses 2% to a 17-month high amid some of the best economic data to come out of the eurozone in years.

Treasury ETFs: TLH, TLT, IEF, DTYL, DLBL, ILTB, TENZ, ITE, TLO, EDV, VGIT, VGLT, TMF, TYD, LBND, UBT, UST, TMV, TYO, DSTJ, DSXJ, SBND, PST, TBT, DTYS, DLBS, TBF, TTT, TYNS, TYBS, TBX

Bund ETFs: BUND, BUNL