Monday 14 May 2012

U.S.TREASURY

U.S. Treasury prices gained on Friday, pushing yields down for the eighth straight week after JPMorgan surprised markets by admitting heavy losses and as Greece’s political turmoil showed no sign of resolution.
Prices on benchmark 10-year Treasury notes traded up 9/32 to yield 1.843 percent, down from 1.89 percent late Thursday.
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