August 20, 2007
by Elaine Frei
US Treasury bonds see yields decline
by Elaine Frei
Yields on US Treasury bonds were lower and prices higher as investors once again looked for safe places to put their money.
Two-year Treasury bonds yielded 4.13 percent, down from 4.19 percent on Friday, while five year issues were yielding 4.32 percent.
Ten-year paper were at a yield of 4.65 percent, down from 4.69 percent on Friday.
The thirty-year bond dropped from a yield of 5 percent on Friday to 4.98 percent Monday.
Despite the search by investors for safe havens, volume was below average on the session.
Story link: US Treasury bonds see yields decline
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