Treasuries Remain Mixed in Afternoon Action

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Treasuries were mixed in afternoon action, with the long-bond registering the biggest gains. Around 4 p.m. EDT, the two-year note was flat at 99 22/32, yielding 3.777%. The 10-year note lost 2/32 to 100 8/32, pushing the yield up to 4.965%. Prices and yields move in opposite directions. The 30-year bond rose 6/32 to 98 18/32, dropping the yield to 5.472%.