U.S. 10-yr yields hit record-low close of 1.71%

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U.S. 10-yr yields hit record-low close of 1.71%
from MarketWatch.com - MarketPulse
NEW YORK (MarketWatch) -- Yields on benchmark 10-year Treasury notes on Thursday touched their lowest level ever on a closing basis, as weak U.S. data and worries about Greece and Spain converged to prompt investors to favor the safe-haven status of U.S. bonds. Yields on 10-year notes , which move inversely to prices, fell 5 basis points to 1.71%, matching their lowest close ever, set in September. Analysts said last fall they traded below that intraday. Most Treasury dealers don't cut off trading for at least another hour.