U.S. Treasury debt prices rose on Thursday after disappointing data on jobless claimsfueled worries about slowing U.S. economic growth, which would hold down inflation and keep alive the chances of more bond purchases from the Federal Reserve.
Weaker-than-expected European economic figures stoked fears that region is entering a recession and compounded safe-haven bids for U.S. government debt, analysts and traders said.
On slightly above-average volume, benchmark 10-year notes last traded up 11/32 in price for a yield of 1.95 percent, down 4 basis points on the day.
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