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Treasurys Fall More On Sentiment, Home Sales Data

 
By Nick Godt
MarketWatch Pulse
     

    NEW YORK -- Treasurys lost more ground early Wednesday, sending their yields higher, after a gauge of U.S. consumer sentiment was revised to a higher than expected level, while sales of new homes jumped in October. Yields on the benchmark 10-year Treasury note rose 2 basis points to 3.332%. Two-year note yields were unchanged up 1 basis point at 0.734%, while those on 30-year bonds were up 3 basis points at 4.291%.

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