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TREASURIES-Bonds extend losses after 5-year auction

Tue Apr 28, 2009 10:41pm IST
 
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NEW YORK, April 28 (Reuters) - U.S. Treasuries prices fell on Tuesday as improving economic data dragged down safe-haven government bonds, and the market extended losses after an auction of 5-year notes.

Five-year notes were last down 10/32 in price, yielding 1.92 percent US5YT=RR versus 1.85 percent late on Monday. Before the auction, 5-year notes were down 7/32 in price.

Other maturities also extended their losses. (Reporting by Burton Frierson; Editing by Leslie Adler)

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