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Treasurys slip ahead of homes, confidence data
NEW YORK (MarketWatch) -- Treasury prices inched lower Tuesday, the last trading day of the year, ahead of a round of economic data. A Case-Shiller home-price report is due out at 9 a.m. Eastern, followed by the Chicago PMI at 9:45 a.m., and consumer confidence at 10 a.m.. Ahead of the data, the benchmark 10-year note yield, which rises as prices fall, was up 1.5 basis points at 2.988%. The 30-year bond yield rose half a basis point to 3.909%, and the 5-year note yield rose 1.5 basis points to 1.729%.
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