TREASURIES-US 30-year bonds trade over a point lower in price
NEW YORK Dec 31 (Reuters) - U.S. 30-year Treasury bonds traded more than a point lower in price on Monday on some investor optimism that Washington officials might complete a last-minute deal to avert the "fiscal cliff" of tax increases and government spending cuts.
Thirty-year bonds were trading 1-2/32 lower in price to yield 2.92 percent, up from 2.87 percent late Friday, while benchmark 10-year notes were 10/32 higher to yield 1.74 percent from 1.70 percent.
- Obama and Castro shake hands, Zuma humiliated at Mandela memorial |
- Google bus blocked in San Francisco gentrification protest
- Reporter can keep sources secret in Colorado theater shooting: court
- Regulators seek to curb Wall St. trades with Volcker rule
- Thai PM urges protesters to take part in election |