April 25, 2018 / 12:38 PM / 3 months ago

TREASURIES-U.S. 10-year yield retests 3 pct on supply worries

NEW YORK, April 25 (Reuters) - U.S. Treasury prices fell on Wednesday with benchmark 10-year yield rising above 3 percent for a second day as worries about growing federal borrowing spurred a fresh wave of selling in the bond market.

At 8:34 a.m. (1234 GMT), the 10-year Treasury yield was up 4 basis points at 3.024 percent after touching 3.033 percent earlier Wednesday, which was the highest since January 2014, Reuters data showed. (Reporting by Richard Leong)

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