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Treasurys edge down ahead of manufacturing data
NEW YORK (MarketWatch) -- Treasury prices inched lower Monday, sending yields higher, ahead of the release of an ISM manufacturing index, which economists believe fell to 56.0% in January, from 56.5% in December. The benchmark 10-year note yield rose 1 basis points to 2.677%, while the 30-year bond yield rose half a basis point to 3.628%, and the 5-year note yield rose half a basis points to 1.516%. Also on the docket for Monday is a construction spending report and motor-vehicle sales. The Bureau of Labor Statistics will release a nonfarm payrolls report on Friday.
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