TREASURIES-Thirty-year bonds gain a point in price

NEW YORK | Mon Nov 7, 2011 12:08pm EST

NEW YORK Nov 7 (Reuters) - U.S. 30-year Treasury bond prices traded a point higher on Monday as stock market losses bolstered safe-haven demand for U.S. government debt.

Thirty-year bonds were trading a point higher to yield 3.05 percent, down from 3.10 percent late Friday, while benchmark 10-year Treasury notes were trading 13/32 higher in price to yield 1.99 percent, down from 2.04 percent late Friday.

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