July 20, 2017 / 6:15 PM / 4 months ago

TREASURIES-U.S. yields trim fall after weak 10-year TIPS sale

NEW YORK, July 20 (Reuters) - U.S. Treasury yields pared their earlier decline on Thursday as demand for U.S. government debt faded following a $13 billion auction of 10-year Treasury Inflation Protected Securities at which overall demand was the weakest in nine years.

At 2:09 p.m. (1809 GMT), benchmark 10-year Treasury yield was 2.261 percent, down 0.7 basis point from late on Wednesday. Earlier Thursday, the 10-year yield touched a three-week low of 2.243 percent, according to Reuters data. (Reporting by Richard Leong; Editing by Chizu Nomiyama)

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