Treasuries turn negative on pending home sale data

Related Topics

NEW YORK | Tue Jun 2, 2009 10:11am EDT

NEW YORK (Reuters) - U.S. Treasury debt prices turned negative on Tuesday, paring early gains after data showed a larger-than-expected rise in April pending home sales.

Benchmark 10-year Treasury notes were trading 9/32 lower in price for a yield of 3.70 percent, up from 3.68 percent late on Monday, while the 30-year bond was trading 10/32 lower in price for a yield of 4.54 percent from 4.54 percent.

(Reporting by Chris Reese; Editing by James Dalgleish)
Housing Market
Economy
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.