Treasurys Yields Hit 2011 Lows

Treasury yields fell to their lowest level of the year after a dismal jobless claims report fed growing fears of a slowing economic recovery, sending investors scurrying to the safety of U.S. government bonds. ...
In early New York trading, the yield on benchmark 10-year notes broke below 3.20%, a mark that traders say triggered some stop-loss positions. They now are watching for a move toward 3.0%.