Friday, 20 April 2012

U.S.TREASURIES

Tepid U.S. economic data boosted U.S. Treasuries on Thursday as reports on new jobless claims, regional manufacturing and sales of existing homes argued for accommodative monetary policy in the months and years to come, a bullish development for bonds.
Benchmark 10-year Treasury notes rose 4/32, their yields easing to 1.96 percent from 1.98 percent Wednesday.
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