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SAN FRANCISCO (AP) - Treasury bond prices turned mildly lower Wednesday, sending yields higher, after news from the Commerce Department that orders for U.S. factory goods shot up 3.1 percent in March, the biggest gain in a year.
At 11 a.m. EDT, the 10-year Treasury note was down 94 cents per $1,000 in face value, or 3/32 point, from its level at 5 p.m. Tuesday. Its yield, which moves in the opposite direction, rose to 4.65 percent from 4.64 percent.
The 30-year bond fell 5/32 point. Its yield rose to 4.83 percent from 4.82 percent.
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