Treasury 30-Year Bonds Hold Four-Day Advance on Europe Debt Woes
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Treasury 30-year bonds held a four-day advance as shares of Spanish banks declined, adding to concern the euro region’s crisis is infecting larger economies.
U.S. 10-year yields were little changed after reaching the least since Oct. 4 yesterday. Investors are due to bid at a sale of 10-year inflation-protected notes today and three auctions of coupon-bearing debt next week. Treasuries dropped earlier after a report showed Japan’s economy expanded faster than estimated in the first quarter.