U.S. Treasury yields lowest of the year as investors seek safety
NEW YORK, April 5
NEW YORK, April 5 (Reuters) - A fresh bid for safety stirred by increased tensions on the Korean peninsula, weaker stocks, and concern about slower U.S. job growth minutes before the release of the government's monthly U.S. employment report pushed long-dated U.S. Treasury yields to their lowest levels of the year.
The benchmark 10-year Treasury note rose 5/32, pushing its yield below resistance at 1.75 percent to 1.747 percent.
The price of the 30-year Treasury bond rose a point, pushing its yield down to 2.94 percent.
- Co-pilot spoke last words heard from missing Malaysian plane |
- EU imposes sanctions after Crimea moves to join Russia |
- Crimeans vote over 90 percent to quit Ukraine for Russia |
- China rejects North Korean crimes report, hits chance of prosecution
- UPDATE 1-Rolls-Royce concurs with Malaysia on missing jet's engine data