TREASURIES-Prices hold gains after Fed's Beige Book

NEW YORK Wed Jan 16, 2013 2:06pm EST

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NEW YORK Jan 16 (Reuters) - U.S. Treasuries prices clung to modest gains in mid-afternoon trading on Wednesday after the Federal Reserve's latest report on economic conditions showed moderate business growth across the United States in recent weeks.

Benchmark 10-year Treasury notes were last up 2/32 in price at 98-5/32, yielding 1.831 percent, down 0.5 basis point late on Tuesday.