Stocks Fall With Treasuries as Dollar Gains on Fed, IMF

U.S. stocks fell with Treasuries while the dollar gained as Federal Reserve meeting minutes indicated stimulus cuts would likely continue in measured steps and the International Monetary Fund warned of risks to global growth. Ukraine’s bonds tumbled while U.S. natural gas jumped.

The Standard & Poor’s 500 Index fell 0.7 percent by 4:43 p.m. in New York, after climbing to within one point of a record closing high. Ten-year Treasury yields rose two basis points to 2.73 percent. The Bloomberg Dollar Spot Index gained the most in three weeks. Ukrainian June 2014 bond yields jumped 19 percentage points to a record 42 percent. Natural gas climbed to the highest level since 2008, coffee surged to a 15-month high while silver ended its longest rally since at least 1968.