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3/23/2017, 12:23 PM (Source: TeleTrader)
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Treasuries decline ahead of healthcare bill vote

United States government bonds traded lower on Thursday as investors brace for the outcome of the House of Representatives' vote on a healthcare bill that is intended to repeal and replace Obamacare.

The yield on 10-year Treasuries increased 3.6 basis points to 2.4086% at 12:17 pm CET, while the yield on two-year bonds rose 6.3 basis points to 1.254%. The yield on 30-year debt was up 3.2 basis points to 3.0206% at the same time.

In Europe, the yield on 10-year German Bunds was flat at 0.408%, while the yield on British gilts of the same maturity advanced 1.8 basis points to 1.194%. Bond yields move in the opposite direction relative to prices.

Baha Breaking News (BBN) / IB