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[$$] Government Bond Yields Wobble Near Multiyear High

U.S. government bond prices inched lower in quiet trade following a mixed batch of economic data, driving the yield on the benchmark 10-year note to a fresh multiyear high. Bond yields, which fall as prices rise, struggled for direction overnight as North Korea threatened to pull out of a June summit and investors worried a new antiestablishment government in Italy could raise the chances of the country leaving the euro. jung yeon-je/Agence France-Presse/ Signs of geopolitical uncertainty caused Treasurys to struggle for direction. Signs of geopolitical uncertainty helped drum up some demand for Treasurys, although analysts warned bonds would likely remain under pressure in the absence of significantly weaker U.S. economic data.