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TREASURIES-Bonds pare gains after home price data
September 25, 2012 / 1:10 PM / 5 years ago

TREASURIES-Bonds pare gains after home price data

NEW YORK, Sept 25 (Reuters) - Longer-dated U.S. government debt prices pared earlier gains on Tuesday after a private report showed modest improvement in U.S. home prices, suggesting a sector that has worried the Federal Reserve is on the mend.

Benchmark 10-year Treasury notes were unchanged in price, wiping out an earlier gain of 2/32. The 10-year yield was last 1.715 percent, up from 1.706 percent shortly before the release of the home price report from S&P/Case-Shiller.

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