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U.S. Treasury Bond Prices HigherNEW YORK (AP) -- Treasury bond prices were higher at midday Thursday. The price of the Treasury's 10-year note was up 3/32 point, or 94 cents per $1,000 in face value, while its yield fell to 4.02 percent from 4.03 percent late Wednesday. The 30-year bonds were up 1/16 point and yielded 4.90 percent, unchanged from late Wednesday, according to Moneyline Telerate. Two-year Treasury notes were little changed and yielded 1.70 percent versus 1.71 percent late Wednesday. Yields on one-month Treasury bills held at 0.87 percent as the discount also held at 0.86 percent. Yields on three-month Treasury bills fell to 0.92 percent as the discount fell 0.01 percentage point to 0.90 percent. Six-month yields held at 1 percent as the discount held at 0.97 percent. Yields are the interest bonds pay by maturity, while the discount is the interest at which they are sold. Back to Original Article: News You Can Use
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