TREASURIES-Prices turn mostly positive after strong auction

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NEW YORK | Wed Nov 25, 2009 1:25pm EST

NEW YORK Nov 25 (Reuters) - U.S. Treasury debt prices turned mostly positive in price on Wednesday after strong demand in an auction of $32 billion of seven-year Treasury notes.

Benchmark 10-year Treasury notes US10YT=RR were trading 4/32 higher in price to yield 3.29 percent, down from 3.31 percent late on Tuesday, while the 30-year Treasury bond US30YT=RR was unchanged in price to yield 4.25 percent.

Seven-year Treasury notes US7YT=RR were trading 6/32 higher in price to yield 2.77 percent from 2.81 percent late on Tuesday. (Reporting by Chris Reese: Editing by Diane Craft) ((chris.reese@thomsonreuters.com; +1 646 223 6073; Reuters Messaging: chris.reese.reuters.com@reuters.net))

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