Business & Finance
US 10-year note turns positive as stocks fall
NEW YORK : US 10-year notes turned higher on Wednesday as US stocks posted losses, with the Nasdaq stock index down
NEW YORK: US 10-year notes turned higher on Wednesday as US stocks posted losses, with the Nasdaq stock index down sharply after an earnings miss from technology heavyweight Apple Inc.
Benchmark 10-year Treasury notes were trading up 4/32 in price to yield 2.16 percent, down from 2.18 percent late on Tuesday.
The Nasdaq was last down 1 percent.
Copyright Reuters, 2011
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