NEW YORK Jan 3 U.S. Treasury bond yields rose
on Tuesday after a stronger-than-expected U.S. manufacturing
report for December that reflected a steadily improving economy.
The Institute for Supply Management's manufacturing PMI
index showed a reading of 54.7, compared with market forecasts
of 53.6. The employment index was also higher at 53.1 last
month, compared with expectations of 52.5.
The 10-year note was last down 21/32 in price to
yield 2.508 percent, while yields on 30-year Treasury bonds were
at 3.107 percent, rising from 3.090 percent before
the ISM data.
(Reporting by Gertrude Chavez-Dreyfuss; Editing by Chizu