NEW YORK: US Treasuries prices slipped on Friday, on the defensive amid global equity market strength as some upbeat economic data encouraged investors to lighten up on safe-haven assets. Stocks opened higher on Wall Street after the S&P 500 finished above 1,400 for the first time since 2008. Overnight, European stocks neared a 7-1/2-month high. In contrast, the benchmark 10-year Treasury note was down 20/32, its yield rising to 2.35 percent from 2.28 percent late on Thursday. Treasuries have endured their worst sell-off in four months this week as expectations for stronger growth in the US economy and reassuring stress test results for a majority of domestic banks encouraged investors to dump low-yielding government bonds. On Thursday the government reported another drop in new US jobless claims. Data released on Friday showed a smaller-than-forecast 0.1 percent rise in consumer prices excluding food and energy items and a 0.4 percent rise with those items included. ...

  NEW YORK: US Treasuries' prices retreated on Tuesday before a 10-year note auction and ahead of a Federal Reserve policy statement that is expected to reflect little change in monetary policy. The largest rise in US retail sales in five months, reported by the Commerce Department, reinforced the bond market's bearish cast, as did the fifth day in a row of the stock market gains, which dulled demand for safe-haven US government debt. Before this afternoon's $21 billion US Treasury auction of 10-year notes and a Fed statement expected to closely resemble the one issued in January, the benchmark 10-year Treasury note was down 16/32 while its yield rose to 2.09 percent from 2.03 percent late on Monday. David Ader, government bond strategist at CRT Capital Group in Stamford, Connecticut, linked the retreat to "the sheer weight of supply" and expectations that the statement from the Fed "won't be especially bullish." The data ...

  TORONTO: The Bank of Canada said on Tuesday its auction of C$7.4 billion ($7.43 billion) of 98-day treasury bills produced an average yield of 0.941 percent. The central bank also said it would sell at least C$10.125 billion at its Mar. 13 auction. Copyright Reuters, 2012 ...