March 19, 2013 at 18:22 PM EDT
Yields Fall To 2-Week Low As Cyprus Fuels Fear Bids
Treasuries gained for a third day, pushing 10-year note yields to a two-week low, as investors sought refuge on concern that turmoil over bailout out Cyprus will worsen Europe's sovereign-debt crisis. The benchmark note's yield dropped as the Federal Reserve started a two-day meeting amid speculation policy makers will decide to keep buying bonds to support economic growth. Treasuries climbed even after a report showed new U.S. home construction
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