Treasuries rose as U.S. lawmakers did not agree on new budget

The U.S. Treasuries advanced on Thursday with the benchmark 10-year yields were traded at the highest level in almost seven weeks as Barack Obama failed to come to an agreement with lawmakers on budget impasse and as service sector in the country slipped. The benchmark 10-year bonds yielded at 2.61% as of 10:22 a.m. New York time.