Treasuries erase gains as stocks turn positive

NEW YORK : US Treasuries prices erased almost all of their gains on Tuesday when stocks briefly headed back into the p
20 Sep, 2011

The benchmark 10-year note opened lower, then turned higher when stocks lost ground, and then erased that gain when stocks made a brief foray into the plus column.

At mid-morning, the 10-year note was unchanged from late Monday, its yield at 1.95 percent. It remained unchanged when stocks slipped back into negative territory.

 

Copyright Reuters, 2011

 

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