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Treasurys lower ahead of 2-year notes auction


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NEW YORK (MarketWatch) - Treasury prices were lower in early trade Wednesday, sending yields higher, amid concerns that demand for fixed-income instruments is weakening in the face of unusually heavy government and corporate issuance. The benchmark 10-year note last was down 6/32 at 100-20/32 with a yield of 4.419%, up from 4.391%.

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