Treasury features rallied as South African rand led a rout in emerging market currencies, giving investors more reasons to seek safety in government securities.

Futures contracts for March delivery closed at 127 21/32 in electronic trading, up 1/4. The 10-year note yield slipped as low as 2.11% on January 8, the least since October 29.

Trading in Treasury bills, notes, and bonds was shut in Japan to observe a holiday.

The material has been provided by InstaForex Company – www.instaforex.com