TREASURIES-30-year bond down over 2 points as selloff deepens

Tue Jul 14, 2009 3:16pm EDT
 
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NEW YORK, July 14 (Reuters) - The U.S. 30-year Treasury bond traded more than two points lower in price on Tuesday as a sell-off deepened on profit-taking from a month-long rally and some optimism on the outlook for financial companies.

The 30-year bond US30YT=RR traded 2-4/32 lower in price for a yield of 4.36 percent, up from 4.23 percent late on Monday, while the benchmark 10-year Treasury note US10YT=RR traded 29/32 lower for a yield of 3.46 percent from 3.35 percent. (Reporting by Chris Reese; Editing by Dan Grebler)

 

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