Treasuries higher on recession concern

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
On Friday, treasuries were advancing on speculation that U.S. lawmakers will not be able to agree on how to avoid fiscal cliff, which can possibly lead to a recession in the country. The yield on benchmark 10-year yields decreased 3 basis points, reaching a level of 1.59% by 6:19 a.m. New York time. During this week, the yield experienced a 12 basis point slump.
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