Salient to Investors:
Bonds around the world are headed for their steepest monthly loss in almost a decade on concern the Fed will trim its debt purchases.
Tomohisa Fujiki at BNP Paribas said there is more selling left and we cannot rule out higher yields.
A two-year Treasury auction yesterday drew the fewest bids since February 2011.
Read the full article at http://www.bloomberg.com/news/2013-05-29/treasuries-snap-biggest-decline-in-19-months-before-auction.html
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