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Treasuries Gain for Fourth Straight Week on European Debt - Bloomberg

Written on April 15, 2012

Treasuries advanced for a fourth straight week, in the longest stretch of gains since August, as concern the European sovereign-debt crisis was worsening drove demand for the safety of U.S. government debt.

The yield on the 10-year note dropped below 2 percent yesterday amid a report that Spanish banks

Filed in: lenders, mortgage.

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