A better-than-expected GDP revision saps demand for safe-haven debt, sending the 10-year Treasury yield to session highs. The data also give dollar a lift against the euro and the yen. Some indicators have suggested US growth this quarter has fared better than 4Q, suggesting the US remains resilient despite weaker growth overseas. Hope of more stimulus from China, Japan and the eurozone also boost risk appetites. The 10-year yield is at 1.761% from 1.699% yesterday as the ICE dollar index rises 0.4%; the greenback climbs 0.3% to Y113.30 as the euro drops 0.2% to $1.0989.
