U.S. Treasury debt prices rose on Tuesday, with 30-year yields touching record lows after economic data signaled falling crude oil prices and sputtering world growth may be dragging on U.S. businesses.
As U.S. stock prices fell sharply, 30-year bonds were last up 1-7/32 in price to yield 2.3356 percent. Earlier the yield hit a record low of 2.328 percent.
A gauge of U.S. business investment plans unexpectedly fell. The Commerce Department said non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, fell 0.6 percent last month after a downwardly revised 0.6 percent drop in November.
CNBC
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