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Treasurys follow European bonds lower
NEW YORK (MarketWatch) -- Treasury prices fell Friday, extending a move lower late in the previous session. The benchmark 10-year note yield, which rises as prices fall, was up 2.5 basis points at 2.625%, according to Tradeweb. The 30-year bond yield rose 2.5 basis points to 3.456%, and the 5-year note yield rose 2 basis points to 1.636%. U.S. government debt prices fell in tandem with 10-year British gilts, whose yields rose 3.5 basis points to 2.684%. The 10-year German bund yield rose 1 basis point t 1.459%. U.S. data on the calendar includes a job openings survey from the Labor Department and wholesale inventory numbers.
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