TREASURIES-US bonds extend losses after Fed statement
NEW YORK, Nov 4 (Reuters) - U.S. Treasury debt prices extended losses on Wednesday after the Federal Reserve said it would hold interest rates steady at the ultra-low level near zero and reiterated rates would remain low for an "extended" period.
Benchmark 10-year notes US10YT=RR were trading 21/32 lower in price to yield 3.55 percent, up from 3.47 percent late on Tuesday, while 30-year bonds US30YT=RR were 1-6/32 lower to yield 4.40 percent from 4.33 percent.
The price move widened the spread between yields on two-year and 10-year notes, taking the Treasury yield curve to its steepest since late July. (Reporting by Chris Reese)
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