Thursday 3 May 2012

U.S.TREASURIES

U.S. Treasury debt prices rose on Wednesday as weakness in European manufacturing and slower private-sector hiring in the United States fueled expectations of a global slowdown and boosted demand for low-risk investments.
In the open market, benchmark 10-year Treasury notes  traded up 6/32 in price to yield 1.92 percent, down 3 basis points from late on Tuesday.
Thirty-year bonds rose 22/32 in price for a 3.11 percent yield, down 4 basis points from Tuesday’s close, and near a three-month low set more than a week ago.
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