Hope Of Credit Recovery Boosts Stocks. . There's also less demand for ultra-safe Treasury . The New York-based Conference Board said its monthly forecast of .
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The yield of the benchmark 10-year Treasury bond rose to 5.246% after an auction of new issues showed lukewarm demand . while the Nasdaq Composite fell 22.4 .
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Falling Treasury prices, which send yields higher, . The S&P 500 eased 2.3 points to 1,506, while the Nasdaq Composite eased 3.7 points to 2,568.
U.S. Stocks Fall As Bond Yields Rise. . an auction of 10-year Treasury bonds . is planning to send its suitor News Corp. a proposal for a board to safeguard .