Thomas Roth News
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Treasury 10-year note yields reached the highest level in almost four weeks before the U.S. sells $24 billion of the securities today.
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Treasury 10-year note yields approached the lowest level of the year after a government report showed orders for U.S. durable goods fell in March by the most in seven months, boosting demand for the safest assets.
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Treasury 10-year notes fell for the first time in four days as investors sought higher-yielding assets amid a recovery in gold and equities, damping the refuge appeal of government debt.
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The yen rallied against all of its 16 most-traded peers after it failed yesterday to weaken beyond 100 to the dollar, a level not seen in four years, and a technical indicator signaled it had fallen too much, too fast.
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Treasuries rose, pushing 10-year yields to the lowest level in three months, as worse-than- forecast data on U.S. employment and the services industry spurred concern economic growth may be slowing.
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U.S. 10-year notes rose for the first time in four days as the world’s largest economy shows signs of slowing amid speculation Bank of Japan stimulus measures would drive investors into Treasuries, boosting demand for U.S. government debt.
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Treasury 10-year note yields traded at almost a four-week low after a measure of manufacturing in the U.S. last month was weaker than forecast, increasing demand for safer assets.
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Halliburton Co. defended its cement work on the well that blew out in the Gulf of Mexico, blaming BP Plc’s design work for the biggest U.S. oil spill.
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Treasury 10-year notes gained for the first month since November as investors sought safety amid turmoil in Europe and the Federal Reserve reinforced its commitment to buying government debt to support the economy.
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Treasuries declined, pushing 30- year yields up for a sixth day in the longest stretch since 2007, as the U.S. prepared to auction $66 billion in notes and bonds this week.
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