SAN FRANCISCO (MarketWatch) -- Treasurys on Tuesday tried to extend a four-day rally that took yields on some maturities to their lowest levels on record, clawing back from early-morning losses.
Yields for the benchmark 10-year Treasury bond which move in the opposite direction as prices, were unchanged in mid-morning trade at 2.732%.
The two-year note yield was flat at 0.9167%.
The 30-year bond took the biggest hit, with its yields advancing 5 basis points to 3.272%.
Bonds had fallen at the open, with yields rising, as stocks rebounded. The Dow Jones Industrial Average was last up 1.8% and the S&P 500 rose 2.1%.
On Monday, a sharp sell-off in the stock market - fueled by glum economic news - sent yields on the ten-year Treasury to the securities' lowest level on record.
With economic data light, investors were keyed into news from the corporate sector. General Electric Co. warned on fourth-quarter earnings. Ford Motor Co. , a junk bond issuer, gave Congress a business plan that sees the auto maker returning to profit by 2011.
