Bonds pare gains after Chicago ISM data

By Reuters
Posted Nov. 30, 2010 at 11:23 a.m.

The U.S. government debt market trimmed gains on Tuesday after data signaled faster-than-expected manufacturing growth in the U.S. Midwest region.

Benchmark 10-year Treasury notes US10YT=RR last traded up 15/32 in price to yield 2.77 percent. This compared with a price gain of 19/32 and a yield of 2.75 percent shortly before the release of the factory data from the Institute for Supply Management-Chicago, and a yield of 2.83 percent late Monday.

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