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TREASURIES-Bonds thumped by stocks, looming supply

Thu Jun 18, 2009 10:52pm IST
 
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(Updates with latest market action)

NEW YORK, June 18 (Reuters) - U.S. Treasury debt prices extended losses on Thursday as stock market gains and concerns over a record volume of government bonds to be auctioned next week weighed on sentiment.

The benchmark 10-year note US10YT=RR was last down 1-3/32, yielding 3.84 percent versus 3.70 percent at Wednesday's close. (Reporting by Burton Frierson; Editing by James Dalgleish)

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