Mon, May 28, 2012, 8:17 PM EDT - U.S. Markets closed for Memorial Day

Treasurys flat as traders wonder about Greece

Bond investors not sold on Greece cuts; Treasury prices flat

NEW YORK (AP) -- The stock market may have rallied Monday after Greece took another step toward a badly needed international bailout, but investors weren't ready to leave the haven of bonds just yet.

Bond prices bounced between small gains and losses as traders appeared skeptical that deep spending cuts would be enough to resolve Greece's debt problems.

The yield on the benchmark 10-year Treasury note remained flat from Friday at 1.98 percent. Its price at the end of the trading day edged slightly higher by 6.2 cents per $100 invested.

The yield on the 30-year Treasury bond also remained flat at 3.13 percent. Its price rose by 30 cents for every $100 invested.

In other trading, the yield on the two-year note also remained flat at 0.28 percent. The three-month T-bill paid a yield of 0.10 percent, up from 0.08 percent.

 

There are no comments yet

 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Trading Center

Yahoo! Finance on Facebook

  YAHOO! FINANCE ON TWITTER