Reuters logo
TREASURIES-U.S. bond prices add gains after ISM services data
January 6, 2014 / 3:15 PM / in 4 years

TREASURIES-U.S. bond prices add gains after ISM services data

NEW YORK, Jan 6 (Reuters) - U.S. Treasuries prices extended their earlier rise on Monday after a private index of U.S. services industries’ activities unexpectedly fell in December, signaling a slowing in overall economic growth at year-end.

The Institute for Supply Management said its gauge of the U.S. services sector fell to 53.0 last month from 53.9 in November. Analysts polled by Reuters had forecast a rise to 54.5.

Longer-dated bond yields fell to their lowest in about a week after the ISM services data.

Benchmark 10-year Treasury notes were up 8/32 in price to yield 2.965 percent, down 3 basis points from late on Friday.

The 30-year bond was up 20/32 in price, yielding 3.895 percent, down about 4 basis points from Friday.

Our Standards:The Thomson Reuters Trust Principles.
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