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TREASURIES-Price losses briefly pared after retail sales, PPI data
November 14, 2012 / 1:45 PM / 5 years ago

TREASURIES-Price losses briefly pared after retail sales, PPI data

NEW YORK, Nov 14 (Reuters) - U.S. Treasuries briefly pared early price losses on Wednesday after data showing a larger-then-expected dip in retail sales and an unexpected fall in producer prices in October.

Benchmark 10-year notes were trading 7/32 lower in price to yield 1.62 percent, up from 1.59 percent late Tuesday. Yields on Wednesday traded in a range of 1.59 percent to 1.63 percent.

Thirty-year bonds were trading 15/32 lower in price to yield 2.75 percent from 2.72 percent late Tuesday.

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