Treasuries Strengthen

Treasuries Strengthen

Treasuries strengthened Tuesday, extending a rebound that began Monday amid technically oversold conditions.

The 10-year note edged up 04/32 to 100-31/32 for a yield of 4.13%. 30-year bond climbed 14/32 to 107-08/32 for a yield of 4.55%.

Like Tuesday, volatility could be low until data on personal income and consumption expenditures come out Friday morning. Stocks were holding onto big gains in the afternoon. Crude oil eased while gold futures rallied.

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