The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Tonight

Lo42° Isolated Showers

Wednesday

Hi64° Chance Showers

Wednesday Night

Lo44° Slight Chc Showers

Thursday

Hi75° Sunny

Thursday Night

Lo47° Mostly Clear

Friday

Hi78° Sunny

Friday Night

Lo49° Mostly Clear

Saturday

Hi79° Mostly Sunny

Saturday Night

Lo49° Partly Cloudy

Sunday

Hi80° Mostly Sunny

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