June 25, 2013 / 2:26 PM / 4 years ago

Prices for U.S. 30-year Treasuries fall a point

NEW YORK, June 25 (Reuters) - Prices for U.S. 30-year Treasuries briefly fell a point on Tuesday after data pointed to gathering momentum in the world’s biggest economy, stoking speculation about a pullback in stimulus by the Federal Reserve.

The 30-year bond briefly fell a point before more recently trading down 31/32 to yield 3.615 percent.

Orders for long-lasting U.S. manufactured goods rose more than expected in May and a gauge of planned business spending increased for a third straight month. In addition, existing single-family home prices recorded their biggest gain in seven years in April.

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