(Bloomberg) -- U.S. Treasuries were little changed
after a government report showed the economy created more jobs in
May than economists forecast.
The yield on the benchmark 10-year note fell 1 basis point,
or 0.01 percentage point, to 4.88 percent at 8:37 a.m. in New
York, according to bond broker Cantor Fitzgerald LP. The price of
the 4 1/2 percent security due May 2017 increased 3/32, or 94
cents per $1,000 face amount, to 97 1/32. Bond prices move
inversely to yields.
Read more at Bloomberg Bonds News
after a government report showed the economy created more jobs in
May than economists forecast.
The yield on the benchmark 10-year note fell 1 basis point,
or 0.01 percentage point, to 4.88 percent at 8:37 a.m. in New
York, according to bond broker Cantor Fitzgerald LP. The price of
the 4 1/2 percent security due May 2017 increased 3/32, or 94
cents per $1,000 face amount, to 97 1/32. Bond prices move
inversely to yields.
Read more at Bloomberg Bonds News
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