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Business & Finance

Prices rise slightly as stocks turn negative

NEW YORK : US Treasury debt pared price losses to trade slightly higher on Monday as stocks gave up early gains and in
13 Jun, 2011

US-treasury-departmentNEW YORK: US Treasury debt pared price losses to trade slightly higher on Monday as stocks gave up early gains and investors refocused a bit of buying on lower-risk government debt.

The benchmark 10-year Treasury note was trading 1/32 higher in price to yield 2.97 percent, down marginally from 2.98 percent late on Friday, while the 30-year bond was trading 1/32 higher with its yield little changed at 4.18 percent.

 

Copyright Reuters, 2011

 

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