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Business & Finance

30-year bonds gain 1 point in New York trading

Published Updated

 NEW YORK: Prices on US 30-year Treasury bonds rose sharply on Tuesday in early New York trading as Wall Street stocks are expected to open lower on renewed worries about the economy and Europe's debt troubles.

In the open market, 30-year Treasuries traded as high as 103-26/32, up 1-3/32 from Monday's close. Their yield touched a session low of 3.54 percent, compared with 3.60 percent late on Monday.

 

Copyright Reuters, 2011

 

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