Treasuries rise amid falling stock and commodity prices

U.S. Treasuries advanced on Wednesday pushing the benchmark 10-year rates close to the lowest level in a four-month period after demand for safer assets was boosted by decreasing prices of stocks and commodities on markets. The U.S. 10-year yields were down three basis points at 1.69% as of 10:39 a.m. in New York following a drop to 1.67% on April 15, the lowest since December 12.