Reduced Brexit fears drive Oughout S

By Richard Leong
NEW YORK, June 20 (Reuters) : U. S. Treasury produces rose on Monday with longer-dated yields hitting their own highest level in a lot more than week, as investors trimmed safe-haven holdings of government debt due in order to polls showing increased support for Britain to stay in the European Union.
The change in polls to favoring "Bremain" over "Brexit" comes after last week's killing of parliament member Jo Cox, who was simply a proponent for the U. K.
to remain part of the economic bloc.

U. S. policymakers including Federal Reserve Chair Janet Yellen have said that the danger of Brexit, and its potential impact on the particular global economy, was obviously a T.Co element in the Fed's decision to leave interest rates unchanged last week.
"The shift within the polls had been the primary news. Provides were sold throughout the panel, but yields are still in relatively low levels, inch said Andrew Richman, fixed income strategist at SunTrust Private Wealth Management within West Palm Beach, Fl.
Britons will cast their own vote on whether their own country should remain in the EU on Thursday.

Benchmark 10-year Treasury yields went up over 5 basis points from late Friday to 1. 671 percent after reaching 1. 680 percent earlier on Monday.
The yield on 30-year bonds was last 2. 473 percent, up 4 basis points on the day.
Last week, the 10-year yield slid to the lowest level since August 2012 on Brexit concerns, the Bank of Japan's decision to refrain through embarking on more incitement for the moment, and Fed officials' lowering their particular outlook on the pace of rate increases.
Top Fed officials scaled back again their view on price hikes following a poor Might jobs report and persistent weakness within the manufacturing field.

Meanwhile, investors awaited Yellen's two-day testimony before Our elected representatives, which starts on Wednesday, where she might provide clues on the timing associated with the central bank's following rate increase.
Interest rates futures implied traders saw the 46 percent chance that the Fed would increase rates by the end of 2016, down from 66 percent a month earlier, according to CME Group's FedWatch program.
As the Brexit referendum and Yellen's testimony are the week's main market events, traders may also contend with Treasury supply.

The Treasury Section sold $26 billion associated with two-year notes to reasonable demand as direct buyers purchased the fewest two-year issue since January 2015.
Treasury will sell $34 billion in five-year notes on Tuesday and $28 billion in seven-year notes on Wednesday. It will auction $13 billion within two-year floating-rate notes plus $5 billion of 30-year Treasury inflation-protected securities on Wednesday. (Editing by Jeffrey Benkoe and Leslie Adler)