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Treasurys inch up ahead of pending-home sales
NEW YORK (MarketWatch) -- Treasury prices edged higher Monday ahead of data on pending-home sales, as the 10-year note yield continued to trade around the pivotal level of 3%. The benchmark note yield, which falls as prices rise, recently traded at 2.990%, down 1.5 basis points on the day, but climbed as high as 3.019% in morning trade. The 30-year bond yield fell 1 basis point to 3.920%. The 5-year note yield fell 1.5 basis points to 1.720%.
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