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Reply #14: Treasurys dip as traders lock in recent gains [View All]

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-18-05 08:43 AM
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14. Treasurys dip as traders lock in recent gains
http://www.marketwatch.com/news/newsfinder/pulseone.asp?dateid=38674.3586465509-851251941&siteID=mktw&scid=0&doctype=806&

NEW YORK (MarketWatch) -- Treasury prices fell early Friday, pushing yields higher, as traders used an empty economic calendar as an excuse to lock in recent gains. The benchmark 10-year note was last trading down 3/32 at 100 5/32. Its yield climbed to 4.48% from 4.45% at Thursday's close. Action Economics economists said that with no data to review, traders will likely switch attention to the release next week of FOMC meeting minutes and consider the possibility the Fed may take a pause from its current tightening course.
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