(Bloomberg) -- Treasuries gained, sending 10-year yields a one-month low, as jobless claims rose, business- equipment orders fell and home sales were less than forecast, raising concern about the health of the economic recovery.
The benchmark security rallied for a fifth day, the longest streak of gains in more than a month. Thirty-year bond yields dropped after a report showed inflation remains below the Federal Reserves 2% target. Seven-year note yields reached a four-week low before the Treasury sells $29 billion of the securities.
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