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us-bondNEW YORK: US Treasury debt traded steady at higher price levels on Tuesday in the wake of an auction of $35 billion of two-year notes, as fears over the outcome of Europe's debt crisis fueled more safe-haven buying.

US benchmark 10-year Treasury notes were trading 11/32 higher in price to yield 1.401 percent, down from 1.438 percent on Monday, when benchmark yields touched a record low of 1.398 percent.

Copyright Reuters, 2012

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