NEW YORK: US government debt prices added to earlier gains on Friday after news reports citing European sources saying several euro zone countries face possible credit downgrades from Standard & Poor's as soon as later on Friday.
Credit rating agency Standard & Poor's is set to downgrade several euro zone countries, not including Germany, on Friday, a senior euro zone government source said.
The 30-year Treasury bond was up 1 point in price to yield 2.92 percent, down 5 basis points from Thursday. The 30-year yield is hovering at its lowest yield in more than a week.
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