Treasuries Hold Gains Before Trade Data, 30-Year Auction
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Treasury 30-year bonds pared losses before a $13 billion auction of the debt, underscoring the infinite appeal of the world’s safest securities.
Yields had risen as global stocks climbed for the first time this week and commodities rallied as investors sought higher returns after U.S. jobless claims slid to a four-year low and Italy’s bond yields fell after a debt sale.