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Treasurys fall ahead of $62 billion in debt sales
Posted to: Around The Web
Monday, June 09, 2014 4:38 AM

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NEW YORK (MarketWatch) -- Treasury prices fell Monday, with intermediate-term government debt leading the way lower ahead of a series of debt auctions this week. The 10-year Treasury note yield, which rises as prices fall, was up 1 basis point at 2.609%, according to Tradeweb. The 30-year bond yield rose half a basis point to 3.442% and the 5-year note yield rose 2.5 basis points to 1.676%. The Treasury Department will sell $28 billion of 3-year notes on Tuesday, $21 billion of 10-year notes on Wednesday, and $13 billion of 30-year bonds on Thursday. Treasury prices have fallen in recent sessions, walking back sharp gains over the past two months. As Treasury yields have risen, the yields of Europe's struggling countries have fallen, sending the Spanish 10-year yield below comparable U


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