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Treasurys fall ahead of manufacturing report
NEW YORK (MarketWatch) -- Treasury prices fell Tuesday, sending yields higher, ahead of manufacturing index data from the Institute for Supply Management due out at 10 a.m. Eastern. Other insights on the economy could come from a PMI manufacturing index due out at 9:45 a.m. and data on construction spending at 10 a.m. The 10-year Treasury note yield rose 2 basis points to 2.746%, while the 30-year bond yield rose 2.5 basis points to 3.588%, and the 5-year note yield rose half a basis point to 1.735%. Treasury prices began falling after data showed a slight rise in China's manufacturing index, and an acceleration in euro-zone manufacturing activity.
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