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TREASURIES-30Y bond falls 1 point on strong data, stocks

Fri Jul 25, 2008 9:27am EDT
 
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NEW YORK, July 25 (Reuters) - The 30-year U.S. Treasury bond fell one full point in price on Friday as a bond market sell-off continued after a stronger-than-expected durable goods report and as an anticipated higher opening for U.S stocks eroded government securities' safe haven appeal.

The 30-year bond's price, which moves inversely to its yield, fell 32/32 for a yield of 4.66 percent <US30YT=RR>, versus 4.60 percent late Thursday. (Reporting by John Parry; Editing by Theodore d'Afflisio)

 

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