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NEW YORK (AP) - The release of surprisingly strong figures for existing home sales in February wiped out early gains in Treasury bond prices on Friday, bringing prices just below the previous session's close.
At 11 a.m. EDT, the 10-year Treasury note was down $1.25 per $1,000 in face value, or 4/32 point, from its level at 5 p.m. Thursday. Its yield, which moves in the opposite direction, rose to 4.60 percent from 4.58 percent.
The 30-year bond fell 5/32 point. Its yield rose to 4.79 percent from 4.78 percent.
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