(Reuters) - Benchmark 10-year Treasury yields, which move inversely to prices, struggled through the morning to break through a key technical level at 4.65 percent, but eventually climbed to their highest in more than a month.
The move followed the release of a report showing business activity in the U.S. Midwest expanded in March at a very strong pace. The National Association of Purchasing Management-Chicago's business barometer confounded expectations for a third month of contraction. For details, see [ID:nN30289877].
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