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U.S. Treasuries prices turn negative after FOMC statement
September 13, 2012 / 4:41 PM / 5 years ago

U.S. Treasuries prices turn negative after FOMC statement

NEW YORK, Sept 13 (Reuters) - U.S. government debt prices erased gains on Thursday and turned negative in choppy trading after the U.S. Federal Reserve launched another aggressive stimulus program.

Benchmark 10-year Treasuries last traded down 07/32 in price to yield 1.780 percent, after having risen 11/32 shortly before the Fed announcement.

The 30-year bonds fell 26/32 in price to yield 2.961 percent. Those prices had also been higher before the Fed.

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