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Treasurys fall for fourth consecutive session
NEW YORK (MarketWatch) -- Treasury prices fell Tuesday, sending yields higher for a fourth consecutive session, as yields retraced their fall in recent weeks. The 10-year note yield, which rises as prices fall, was up 1.5 basis points on the day at 2.548%. the 30-year bond yield rose 1 basis point to 3.385%, while the 5-year note yield rose 1.5 basis points to 1.610%. Treasury yields followed European yields higher, as the 10-year German bund yield jumped 4 basis points on the day to 1.353%. U.S. investors are preparing for a week of key data reports, including factory orders at 10 a.m. on Tuesday. The most highly watched report will be nonfarm payrolls, due out on Friday.
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