10-year note yield trades below 2 pct

U.S. 10-year Treasury note yields traded below 2 percent for the first time since March 12, while 30-year bonds gained over a point in price on Tuesday as investors sought the safe-haven of U.S. government debt amid worries about the global economy.

Ten-year notes were trading 16/32 higher in price to yield 1.99 percent, down from 2.05 percent late Monday, while 30-year bonds were 1-4/32 higher in price to yield 3.14 percent from 3.20 percent.

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- Posted: 2012-04-10 10:32:31

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