Bloomberg News

Treasuries Extend Gains as Moody’s Cuts Portugal Rating to Junk

July 05, 2011

July 5 (Bloomberg) -- Treasuries extended gains after Moody’s Investors Service cut Portugal’s long-term government bond ratings to Ba2, or junk. Benchmark 10-year notes yielded 3.12 percent in New York.

To contact the editor responsible for this story: Greg Storey at

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