MW: Treasurys hold gains after U.S. productivity data
By Greg Morcroft
NEW YORK (Marketwatch) -- U.S. Treasury securities held on to earlier Wednesday gains in morning trade after the U.S. reported that economic productivity grew 1.6% in the second quarter. The benchmark 10-year treasury security rose a modest 1/32, and its yield, which moves inversely to price, fell to 1.62%.