Treasurys barely budge on signs of Asia slowdown

AP News
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Posted: Aug 13, 2012 4:42 PM

NEW YORK (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 didn't change, and its yield remained unchanged from Friday at 1.66 percent.

The 30-year bond's yield rose slightly to 1.75 percent, from 1.74 percent. Its price fell 3 cents for $100 invested.

The yield on the two-year Treasury note remained unchanged at 0.26 percent. The yield on the three-month Treasury bill remained unchanged at 0.10 percent.