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The US Commerce Department said overall durable goods orders slipped 0.1 percent in August, slightly weaker than what economists had forecast.
But last month's demand for non-defense capital orders excluding aircrafts, which economists consider a proxy of consumer spending, jumped 1.1 percent, above a 0.3 percent increase predicted by economists.
The 30-year bond was last up 12/32 in price for a yield of 1.98 percent. Its price gain was briefly shaved to 3/32 after the latest durables goods data.
Copyright Reuters, 2011