(Bloomberg) -- Treasuries rose on concern the
housing market slump may slow the U.S. economy.
The yield on the benchmark 10-year note fell almost 3 basis
points, or 0.03 percentage point, to 5.11 percent at 8:25 a.m.
in New York, according to bond broker Cantor Fitzgerald LP. The
price of the 4 1/2 percent security due in May 2017 rose 6/32,
or $1.88 per $1,000 face value, to 95 10/32.
Read more at Bloomberg Bonds News
housing market slump may slow the U.S. economy.
The yield on the benchmark 10-year note fell almost 3 basis
points, or 0.03 percentage point, to 5.11 percent at 8:25 a.m.
in New York, according to bond broker Cantor Fitzgerald LP. The
price of the 4 1/2 percent security due in May 2017 rose 6/32,
or $1.88 per $1,000 face value, to 95 10/32.
Read more at Bloomberg Bonds News
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