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Treasurys gain as Ukraine violence escalates
NEW YORK (MarketWatch) -- Intensifying violence in Eastern Ukraine pushed investors to buy into the safety of U.S. government debt, sending prices higher Monday. The threat of violence between Russia and Ukraine has helped drive demand for Treasurys in recent months. On Monday, the 10-year Treasury note yield, which falls as prices rise, was down half a basis point at 2.704%. The 30-year bond yield fell 2 basis points to 3.493%, while the 5-year note yield fell 1 basis point to 1.719%. An index of leading economic indicators is due out at 10 a.m. eastern. The Treasury Department is set to auction $96 billion worth of Treasurys this week.
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