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Global Deals Review: Q4 2009

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TREASURIES-10Y notes gain 1 point as rally accelerates

Fri Jul 10, 2009 11:11am EDT

NEW YORK, July 10 (Reuters) - U.S. 10-year Treasury note prices extended early gains on Friday as a bond market rally accelerated on doubts over a speedy economic recovery.

Bonds  |  Global Markets

The price of benchmark 10-year government debt US10YT=RR was up 1 point at 98-20/32.

The yield, which moves inversely to the price, was 3.29 percent, retesting a seven-week low of 3.28 percent set two days earlier. It ended at 3.41 percent on Thursday. (Reporting by Richard Leong; Editing by Dan Grebler)

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