Mon, 13 Aug 2012 07:48:32 GMT
Treasuries advance on Japan GDP data
U.S. treasuries gained second straight day as economic growth cooled in Japan and economists expected Europe to report a contraction, boosting demand for safer assets. Benchmark 10-year yields dropped 2 basis points to 1.64%. The price of the 1.625% note due in August 2022 rose to 99 28/32. Japan's 10-year yield slipped 1.5 basis points to 0.78%, falling from a