October 9, 2012 / 3:55 PM / 5 years ago

TREASURIES-30-year bonds add to earlier gains

1 Min Read

NEW YORK, Oct 9 (Reuters) - Prices of U.S. 30-year Treasury bonds rose 1 point near midday on Tuesday, as growing losses on Wall Street prompted by worries about a slowing global economy fed safe-haven purchases of less risky government debt.

The yield on 30-year bonds was last 2.917 percent, down 5 basis points from Friday's close and below its 200-day moving average.

The U.S. bond market was closed on Monday due to the Columbus Day holiday.

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