Wed, 31 Oct 2012 09:04:02 GMT
The U.S. treasuries slump as market reopens and home prices gain
The U.S. Treasuries
dropped on enhancements in the real-estate market and the market reopening
after Hurricane Sandy hit the states. The 10-year bond rates gained 0.02 per
cent to 1.74 percent, while the price for the 1.625 note
maturing in August 2022 tumbled $1.25 per $1000, or 1/8, to 99. According
to Bank of America's estimates, ten-year rates will advance to 2.04 per cent by
June