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NEW YORK (AP) - U.S. Treasury bond prices fell again Tuesday, lifting the 10-year yield to a four-week high despite several pieces of bond-friendly economic data.
Traders pointed to gains in the equity market and declines in overseas bond prices as pressuring prices.
At 5 p.m. EDT, the 10-year Treasury note was down 63 cents per $1,000 in face value, or 2/32 point, from its level at 5 p.m. Monday. Its yield, which moves in the opposite direction, rose to 4.71 percent from 4.70 percent.
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