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Friday, October 30, 2009
Treasurys Up After Consumer Sentiment Gains
By Deborah Levine
MarketWatch Pulse
NEW YORK -- Treasury prices remained higher on Friday, pushing yields down, after the University of Michigan/Reuters revised its October reading on consumer sentiment to 70.6, from its previous estimate of 64.4, a little higher than anticipated. Yields on 10-year notes fell 6 basis points to 3.44%. Treasury prices were higher before the report, aided by government data showing U.S. personal spending fell sharply in September while incomes were flat.
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