8/22/2017, 3:36 PM (Source: TeleTrader)
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Treasuries fall as investors focus on data

United States government bonds traded lower on Tuesday as market participants shifted their attention towards the upcoming economic data releases and looked ahead to the meeting of top central bankers at Jackson Hole later this week.

The yield on 10-year Treasuries, which moves inversely to the bond's price, jumped 1.92 basis points to 2.2009% at 3:26 pm CET, while the yield on two-year notes rose 1.63 basis points to 1.3175%. The yield on 30-year debt increased 1.16 basis points to 2.7747% at the same time.

In Europe, fixed income securities were mostly steady, with the yield on 10-year German Bunds up by just 0.5 basis points to 0.405%, whereas the yield on British gilts of the same maturity advanced 2 basis points to 1.09%.

Baha Breaking News (BBN) / IB