TREASURIES-US 30-year bond trades point lower in price

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NEW YORK | Wed Feb 10, 2010 1:34pm EST

NEW YORK Feb 10 (Reuters) - U.S. 30-year Treasury bonds extended losses to trade a point lower in price on Wednesday after a poor reception in the sale of $25 billion of 10-year notes.

The benchmark 30-year Treasury note US30YT=RR was trading one point lower in price to yield 4.65 percent, up from 4.59 percent late on Tuesday, while the benchmark 10-year note US10YT=RR was 16/32 lower to yield 3.71 percent from 3.65 percent. (Reporting by Chris Reese; Editing by James Dalgleish)

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