March 8, 2017 / 12:44 PM / 5 months ago

TREASURIES-U.S. 2-year yield hits highest since Aug 2009

NEW YORK, March 8 (Reuters) - U.S. Treasury yields rose on Wednesday in early U.S. trading with two-year yield touching its highest levels in more than 7-1/2 years in advance of payroll processor ADP's release of its private employment report for February.

The yield of two-year Treasury notes climbed to 1.346 percent, an intraday level not seen since August 2009. It was last at 1.342 percent, up 1 basis points from late on Tuesday, Reuters data showed. (Reporting by Richard Leong)

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