Types Of Bankruptcy

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June 25th, 2007

U.S. Treasury Bond Prices Rally

“Probably overnight weakness in stocks also is a factor”

U.S. Treasury bond prices rallied Monday, benefiting from flight-to-safety demand as capital flowed out of the stock market amid continuing concerns about shakiness in the credit sphere.

At 11 a.m. EDT, the 10-year Treasury note was up $3.13 per $1,000 in face value, or 10/32 point, from its level at 5 p.m. Friday. Its yield, which moves in the opposite direction, fell to 5.10 percent from 5.14 percent.

The 30-year bond rose 17/32 point. Its yield fell to 5.22 percent from 5.25 percent. Read more



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