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U.S. Treasuries were lower for much of the session and remained on the downside in late afternoon action. Around 3 p.m. EDT, the two-year note was losing 5/32 to 101 12/32, raising the yield to 2.89%. Yields and prices move in opposite directions. The 10-year note lost 12/32 to 102 1/32, yielding 4.74%. The 30-year bond fell 1 1/32 to 96 14/32, taking the yield up to 5.62%.

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