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Treasurys barely budge on signs of Asia slowdown


February 16. 2013 4:06PM
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(AP) Treasurys barely budged as investors considered more signs of an economic slowdown from Asia.


Japan's economy grew at a slower-than-expected annualized rate of 1.4 percent in the April-June period. The news follows last week's report from China that trade and domestic demand had weakened faster than expected. These new reports are adding to worries over the global economic outlook.


The price of the 10-year Treasury note tacked on 6.2 cents for every $100 invested. Its yield remained unchanged from Friday at 1.66 percent.


The 30-year bond's yield also remained unchanged at 1.74 percent. Its price rose 18 cents for $100 invested.


Associated Press


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