TREASURIES-Most losses erased as stocks dip

NEW YORK Nov 30 (Reuters) - U.S. Treasuries erased most of their earlier losses on Monday as equities turned lower, reviving the safety bid for U.S. government debt.

Benchmark 10-year Treasury notes US10YT=RR, which at one stage were down nearly half a point, were down just 4/32 before midday, their yields at 3.22 percent versus 3.24 earlier in the morning and 3.21 percent late Friday. Two-, five- and seven-year notes regained lost ground to stand unchanged on the day. Thirty-year bonds US30YT=RR erased an early loss and were up 3/32, their yields easing to 4.20 percent from 4.21 percent on Friday.

(Reporting by Ellen Freilich, Editing by Chizu Nomiyama)

((ellen.freilich@thomsonreuters.com;+1 646-223-6309; Reuters Messaging: ellen.freilich.reuters.com@reuters.net))