Thu, 07 Nov 2013 18:09:05 GMT
U.S. government 5-year yields at 4-month low as ECB cuts rate
Treasury 5-year note yields slid two basis points to 1.32% at 10:40 a.m. in New York, after touching 1.25% on October 30, the weakest in almost 4 month period, as ECB officials unexpectedly lowered interest rate to 0.25%. Meanwhile 10-year Treasury yields declined 0.02% to 2.63% and 2.5% security note maturing in August 2023 added $1.25 per $1.000 nominal value,