(Bloomberg) -- Treasury 30-year bonds have returned more than double that of U.S. stocks this year before the governments monthly sale of its longest maturity today.
Long bonds advanced 16% in 2014 through yesterday, based on Bank of America Merrill Lynch data. The Standard & Poors 500 Index gained 6.7% including reinvested dividends, according to data compiled by Bloomberg. Demand rose at a sale of 10-year notes yesterday. Unrest in Ukraine and Gaza combined with uneven U.S. economic growth are driving demand for the relative safety of government debt.
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