Thursday 24 May 2012

U.S.TREASURY

U.S. Treasuries prices rose on Wednesday as concerns over repercussions from a possible Greek exit from the euro zone increased demand for safe haven U.S. debt.
Benchmark 10-year notes traded 14/32 higher in price to yield 1.73 percent on Wednesday, down from 1.78 percent late Tuesday. The notes last week traded as low as 1.69 percent,only 2 basis points above the lowest in at least 60 years, which was set in September.
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