August 8, 2019 / 12:14 PM / a month ago

TREASURIES-U.S. bond prices fall as stock markets stabilize

NEW YORK, Aug 8 (Reuters) - U.S. Treasury prices fell in early trading on Thursday, with 30-year bonds losing a point as traders scaled back their safe-haven holdings of U.S. government debt amid a tenative recovery in equity markets.

At 8:11 a.m. (1211 GMT), the 30-year or long bond was down 1 point in price for a yield of 2.238%.

On Wednesday, the 30-year yield fell to 2.123%, within striking distance of an all-time low of 2.089% set in July 2016, according to Refinitiv data. (Reporting by Richard Leong; Editing by Bernadette Baum)

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