The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Today

Hi101° Hot

Tonight

Lo68° Mostly Clear

Sunday

Hi98° Hot

Sunday Night

Lo72° Partly Cloudy

Monday

Hi93° Mostly Sunny

Monday Night

Lo67° Mostly Clear

Tuesday

Hi90° Sunny

Tuesday Night

Lo65° Partly Cloudy

Wednesday

Hi86° Mostly Sunny

Wednesday Night

Lo63° Partly Cloudy

Wall Street

Send to Kindle
Print This

NEW YORK (AP) — Stocks edged lower for the first time in five days Wednesday, but the real action was in the bond market.

The yield on the 10-year Treasury note fell to its lowest in 11 months as investors continued to put money into the bond market, extending a rally that has taken many investors and analysts by surprise. Most market participants had expected yields to climb this year, and bond prices to fall, as the Federal Reserve reduced its purchases of bonds and the economy improved.

View my options or Sign in