Treasuries gain amid U.S. economy concerns

On Tuesday, treasuries were higher for the second day in a row on concerns that the biggest economy in the world will struggle to expand even after the Fed's stimulus. Yields on benchmark 10-year notes lost 3 basis points and were equal to 1.81 at 7:56 a.m. London time. The rate is higher than the record low of 1.38% in July, however still way to go till the average of 3.72% for the last decade.