US yields trim rise after 10-year note sale

NEW YORK: US Treasury yields on Wednesday afternoon pared their earlier gain following solid demand at a $23 billion auction of 10-year government securities, the second leg of this week's $64 billion quarterly refunding.

At 1:10 p.m. EST (1810 GMT), the yield on benchmark 10-year Treasury notes on the open market was traded at 2.320 percent, up 1.3 basis points from late on Tuesday, while the 30-year bond yield was nearly 1 basis point higher at 2.779 percent.