Treasuries rise on unfavourable economic data

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Source: Bloomberg
U.S. Treasuries advanced on Friday and were set to record their fourth weekly gain, the longest streak since last April, after a report showed that jobless claim in the country rose and manufacturing output rose less than forecast last month. The benchmark 10-year government bonds yields traded at 2.77% by 8:12 a.m. in London following a drop to 2.76% yesterday.

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Fri, 24 Jan 2014 12:09:14 GMT

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