Mon, 05 Nov 2012 11:45:18 GMT
Treasuries rally amid forecasts on service industry growth in the U.S.
Treasuries advanced
from their last week's low as service sector in the U.S. and non-manufacturing industries
in China are forecast to expand in October. The yields on 10-year bonds rallied and stood
at 33 basis points on the presidential elections tomorrow. Meanwhile, the yields on 10-year notes in the
U.S. were 1.71%, and the price for 1.625% note held at 99 7/32. The yield is
expected