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5 years ago
TREASURIES-Bonds pare price losses after weak housing data
July 25, 2012 / 2:17 PM / 5 years ago

TREASURIES-Bonds pare price losses after weak housing data

NEW YORK, July 25 (Reuters) - U.S. Treasuries curbed most of their earlier price losses on Wednesday after data showed that new U.S. home sales in June fell by the most in more than a year, suggesting a setback for the budding housing market recovery.

Benchmark 10-year notes were last down 2/32 in price to yield 1.40 percent, after earlier rising as high as 1.44 percent. Thirty-year bonds rose 3/32 in price to yield 2.45 percent, down from 2.50 percent earlier. (Reporting by Karen Brettell; Editing by James Dalgleish)

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