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TREASURIES-30-year prices rise 1 point after data
July 16, 2012 / 12:57 PM / 5 years ago

TREASURIES-30-year prices rise 1 point after data

NEW YORK, July 16 (Reuters) - Prices on the U.S. 30-year Treasury bond rose as much as 1 point early Monday as news of a surprise drop in U.S. retail sales in June stoked worries about a faltering economy, feeding demand for low-risk government debt.

The 30-year bond was trading 29/32 higher for a yield of 2.53 percent, down nearly 5 basis points from late on Friday and 2 basis points above its record intraday low.

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