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Bond Report: Treasurys head for 4th straight day of gains as Clinton’s lead narrows

Treasurys were on track Wednesday to rise for a fourth straight session, pulling down yields, as Democratic nominee Hillary Clinton’s narrowing lead in the polls provoked a flight to safety.

The 10-year yield TMUBMUSD10Y, -0.48% fell three basis points to 1.798%. The two-year yield TMUBMUSD02Y, +0.49% sank 2.7 basis point to 0.809%. The 30-year yield TMUBMUSD30Y, -0.18% was off 3.5 basis points to 2.540%. Treasury yields move inversely to prices. Meanwhile. European yields moved sharply lower, with the German 10-year TMBMKDE-10Y, -19.48% down 5.7 basis points at 0.125%.

See:Stock market fear factor rises as Clinton-Trump race tightens

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