Business & Finance

10-year note loss widens to a point on 5-year sale

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The 10-year note was down 32/32 in price, its yield rising to 3.05 percent from 2.93 percent late on Monday.

US Treasury debt prices extended earlier losses after a $35 billion five-year note auction 'tailed,' with its high yield significantly higher than the market yield at the time.

 

Copyright Reuters, 2011