TREASURIES-Prices briefly turn negative as stocks open higher

NEW YORK, April 27 Fri Apr 27, 2012 9:44am EDT

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NEW YORK, April 27 (Reuters) - U.S. Treasury debt prices briefly turned negative in choppy trade on Friday as stocks, propelled by some solid corporate earnings, opened higher and eroded some of the safe-haven value of U.S. government debt.

Losses were fleeting however, as data showing slower than expected U.S. economic growth in the first quarter had investors reluctant to part with lower-risk Treasuries.

Benchmark 10-year Treasury notes were last trading unchanged in price to yield 1.95 percent.

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