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NEW YORK (AP) - U.S. treasury bond prices lost a modest amount of ground Tuesday, showing a resilient performance in the wake of a worrisome outcome of a key Treasury security auction.
At 5 p.m. EDT, the 10-year Treasury note was down $2.19 per $1,000 in face value, or 7/32 point, from its level at 2 p.m. Friday. Its yield, which moves in the opposite direction, rose to 4.89 percent from 4.86 percent. The bond market was closed Monday in observance of Memorial Day.
The 30-year bond fell 7/32 point. Its yield rose to 5.02 percent from 5.00 percent.
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