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Treasurys sink ahead of Apple bond sale, data
Posted to: Around The Web
Tuesday, April 29, 2014 5:14 AM

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NEW YORK (MarketWatch) -- Treasury prices slid Tuesday ahead of the release of a forthcoming super-sized bond sale by Apple Inc. and key economic data this week. The 10-year Treasury note yield, which rises as prices fall, was up 4 basis points on the day at 2.717%, according to Tradeweb. The 30-year bond yield rose 5 basis points to 3.513%, and the 5-year note yield rose 3 basis points to 1.756%. Treasurys held losses after data showed home prices were unchanged in February, but investors looked ahead to a nonfarm payrolls report that is expected to show a rebound in the labor market. A large debt sale by computer-maker Apple that could come as soon as Tuesday also sapped some demand for U.S. government debt. The Treasury Department will sell $15 billion in 2-year floating-rate notes as 1

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