January 8, 2014 / 7:15 PM / 4 years ago

TREASURIES-U.S. bonds' price fall deepens after Fed minutes

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NEW YORK, Jan 8 (Reuters) - U.S. Treasuries prices extended their losses on Wednesday afternoon after the Federal Reserve released the minutes of its Dec 17-18 policy meeting, at which policy-makers decided to pare the central bank's massive bond purchase stimulus due to an improving economy.

Benchmark 10-year Treasury notes last traded 18/32 lower in price to yield 3.002 percent. Prior to the release of the minutes, they were down 15/32 with a yield of 2.993 percent.

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