January 3, 2017 / 3:18 PM / 7 months ago

TREASURIES-Yields rise after strong U.S. manufacturing data

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NEW YORK, Jan 3 (Reuters) - U.S. Treasury bond yields rose on Tuesday after a stronger-than-expected U.S. manufacturing report for December that reflected a steadily improving economy.

The Institute for Supply Management's manufacturing PMI index showed a reading of 54.7, compared with market forecasts of 53.6. The employment index was also higher at 53.1 last month, compared with expectations of 52.5.

The 10-year note was last down 21/32 in price to yield 2.508 percent, while yields on 30-year Treasury bonds were at 3.107 percent, rising from 3.090 percent before the ISM data.

Reporting by Gertrude Chavez-Dreyfuss; Editing by Chizu Nomiyama

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