Treasury yields on debt maturing in 10 years and less fell to all-time lows as the Federal Reserve said economic growth was “considerably slower” than forecast and it would keep borrowing costs on hold through mid-2013. The Treasury sold $72 billion of notes and bonds this week, with yields on three- and 10-year notes at record auction lows. The 10-year yield touched 2.0346 percent, an all-time low, amid concern the risk of recession is rising after Standard & Poor’s downgraded the U.S. credit rating to AA+ and as the European sovereign debt problems showed signs of spreading.

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