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NEW YORK (AP) - A rash of corporate bond issuance Tuesday helped drive U.S. Treasury prices higher as bond market continued its recent, more upbeat tone.
At 5 p.m. EDT, the 10-year Treasury note was up $3.75 per $1,000 in face value, or 12/32 point, from its level at 5 p.m. Monday. Its yield, which moves in the opposite direction, fell to 5.09 percent from 5.14 percent.
The 30-year bond rose 25/32 point. Its yield fell to 5.20 percent from 5.26 percent.
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