Wednesday 23 May 2012

U.S.TREASURY

Benchmark U.S. Treasury debt prices fell on Tuesday for a third consecutive session as investors took profits from recent gains and pushed for lower prices ahead of government debt auctions later this week.
Two-year note sale was met with near-average demand and Treasury debt prices traded steady at lower levels following the auction, with benchmark 10-year notes down 10/32 in price to yield 1.78 percent, up from 1.74 percent on Monday.
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