TREASURIES-30Y bonds lose a point, extend earlier losses

Mon Jul 6, 2009 9:45am EDT
 
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NEW YORK, July 6 (Reuters) - The price on U.S. 30-year Treasury bonds fell more than a point on Monday, extending losses as traders bet on further weakness in long-dated debt in advance of this week's $73 billion in coupon supply.

The 30-year U.S. government bond US30YT=RR was down 26/32 in price after briefly losing more than 1 point. Their yield, which moves inversely to price, was 4.36 percent, up from 4.33 percent on Thursday.

The U.S. bond market was closed on Friday in observance of the Independence Day holiday. (Reporting by Richard Leong; Editing by James Dalgleish)

 

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