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Business & Finance

Treasury 30-year bonds gain a point in price

NEW YORK : US 30-year Treasury bonds rose a point in price on Tuesday as weak economic growth figures in Germany fan
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By Imad Uddin
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NEW YORK: US 30-year Treasury bonds rose a point in price on Tuesday as weak economic growth figures in Germany fanned fears over a global growth slowdown and as investors waited data that is expected to show US housing starts fell.

The bond yields dipped to 3.74 percent from 3.77 percent late on Monday.

 

Copyright Reuters, 2011

 

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