Wednesday, 14 March 2012

Treasury prices mixed as retailers report earnings

NEW YORK (AP) — Treasury prices traded in a tight range Wednesday as retailers continue reporting second-quarter earnings.

The price of the Treasury's 10-year note was flat at $99.906, while its yield is unchanged at 2.64 percent.

Target Corp. missed analysts' forecasts and offered a muted outlook, but told analysts it hopes to offset weak sales with higher sales of groceries and its new discounts for credit card holders.

Earnings …

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