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NEW YORK (AP) - Treasury prices made further gains Monday, as investors continued to favor U.S. government bonds amid concerns about spillover from the subprime mortgage market and broad credit quality concerns.
At 5 p.m. EDT, the 10-year Treasury note was up $4.06 per $1,000 in face value, or 13/32 point, from its level at 5 p.m. Friday. Its yield, which moves in the opposite direction, fell to 5.08 percent from 5.14 percent.
The 30-year bond rose 22/32 point. Its yield fell to 5.20 percent from 5.25 percent.
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