Economics
Treasuries Advance, Euro Slips as U.S. Stocks Climb
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Treasuries rose and the euro traded at an almost two-month low as the U.S. prepared to vote for president and concern grew Greece will fail to win a bailout. U.S. stocks closed higher after fluctuating during the day.
Treasury 10-year notes gained for a second day, with the yield dropping three basis points to 1.68 percent as of 4 p.m. in New York. The euro slid 0.4 percent to $1.2789, the lowest since Sept. 11. The Standard & Poor’s 500 Index increased 0.2 percent to 1,417.26 after losing 0.4 percent. Germany’s two-year yield reached minus 0.014 percent, negative for the first time since Sept. 6. Oil rebounded from a four-month low.