Wed, 23 May 2012 14:57:32 GMT
Treasurys up ahead of EU summit
As
hopes fade that EU officials will propose concrete measures to handle the debt
crisis, Treasury prices increased, meaning that their yields decreased. Thus, 5-year notes
earn a yield of 0.74 percent, a decrease of 3 basis points; 10-year notes yield
a return of 1.74 percent, also a decrease of 3 basis points; 30-year notes earn
2.83 percent, a drop of 4 basis points. Last