TREASURIES-30-year bond prices rise over 2 points
NEW YORK |
NEW YORK May 17 (Reuters) - U.S. 30-year Treasury bond prices rose more than 2 points on Thursday afternoon, extending their rally to session highs as concerns about Europe's financial woes and slowing U.S. economic growth fed bids on low-risk government debt.
The 30-year, or long, bond traded up as much as 2-2/32 in price at 103-30/32 with a yield of 2.805 percent. It was last up 2 points for a yield of 2.808 percent, down 9.8 basis points from late on Wednesday.
The 30-year bond yield also flirted with its lowest level in five months.
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