US Treasuries appreciated touching 6-week
record high as fading optimist about European officials' ability to solve debt
crisis boosted demand for safer assets. Benchmark 10-year borrowing costs hit
2-month low on Friday after Fitch lowered France's credit outlook and placed 6
other nations including Italy and Spain for revisit of downgrade. 10-year
yields dropped 10 b.p. or 0.21 p. p. to 1.85%.