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25.06.2013 14:41:12

Treasurys reverse lower after durable-goods data

NEW YORK (MarketWatch) -- Treasury prices dipped after the release of data showing durable-goods orders rose 3.6%, below expectations of economists who projected a 3.8% rise. The benchmark 10-year note yield, which moves inversely to price, was up slightly on the day at 2.547%. The 30-year bond yield rose a basis point to 3.556%, and the 2-year note yield fell half a basis point to 0.388%. The Treasury Department will auction $35 billion of 2-year notes at 1 p.m.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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