TREASURIES-Bonds rise on expected solid 10-year note sale
*Solid results expected for $25 bln 10-year Treasuries
*Weaker stocks, jitters about UK fuel safety bid for bonds
*Fed officials reiterate low-rate pledge, slow recovery
(Updates market action, quotes)
NEW YORK, Nov 10 (Reuters) - U.S. Treasury debt prices rose on Tuesday as traders anticipated a strong reception to a $25 billion auction of benchmark 10-year notes after a robust response in Monday's first leg of this week's $81 billion quarterly refunding.
Weakness in Wall Street stocks, anxiety over Britain's credit-worthiness and weak overseas economic data spurred the safety bid for Treasuries, analysts said.
Comments from Federal Reserve policymakers also supported bonds prices, they said, overshadowing concerns about the burgeoning U.S. deficit and the country's coveted AAA credit rating.
"There's no fear of inflation, and there is a lot of leeway to go out the curve for those who wants to take a big bite," said Kevin Giddis, head of fixed income sales, trading and research at Morgan Keegan in Memphis, Tennessee. Continued...
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