Two-Year Treasury Note Yields Fall to 18-Month Lows as Global Stocks Drop

(Bloomberg) -- Treasuries were little changed, with
two-year note yields near the lowest in 18 months, as European
and Asian stocks dropped.

Two-year note yields declined 2 basis points, or 0.02
percentage point, to 4.4 percent at 8:30 p.m. in New York,
according to bond broker Cantor Fitzgerald LP. The price of 4
5/8 securities due in July 2009 rose 1/32, or 31 cents per
$1,000 face amount, to 100 14/32. Bond yields move in the
opposite direction of prices.


Read more at Bloomberg Bonds News