Treasuries Finish Higher on Terrorism Alert

Prices climbed as geopolitical concerns outweighed better than expected headline employment data

Treasury prices finished at or near their best levels of the year on Friday as geopolitical concerns outweighed better than expected headline employment data. Ongoing demand for the safety of Treasuries continued to underpin the market, and demand intensified after the nation's terror alert status was upgraded to "orange" from "yellow."

To continue reading this article you must be a Bloomberg Professional Service Subscriber.