Treasurys slip; yields rise from 5-week low
7/10/12 8:26 AM ET (MarketWatch)Print
NEW YORK (MarketWatch) -- Treasury prices fell slightly on Tuesday, pushing yields up from their lowest level in about five weeks ahead of the government's sale of 3-year notes - the first of three big auctions this week. Yields on 10-year notes , which move inversely to prices, rose 1 basis point to 1.52%. They fell to 1.50% earlier, their lowest level since June 1. Yields on 30-year bonds erased an increase to trade little changed at 2.62%.
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