April 27, 2012 / 1:45 PM / 5 years ago

TREASURIES-Prices briefly turn negative as stocks open higher

1 Min Read

NEW YORK, April 27 (Reuters) - U.S. Treasury debt prices briefly turned negative in choppy trade on Friday as stocks, propelled by some solid corporate earnings, opened higher and eroded some of the safe-haven value of U.S. government debt.

Losses were fleeting however, as data showing slower than expected U.S. economic growth in the first quarter had investors reluctant to part with lower-risk Treasuries.

Benchmark 10-year Treasury notes were last trading unchanged in price to yield 1.95 percent.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below