NEW YORK: US Treasuries prices erased earlier losses and briefly turned higher on Friday as Wall Street stocks pared gains, reviving some safehaven demand for US government debt.
Benchmark 10-year Treasuries notes were last little changed in price to yield 2.108 percent, while the 30-year bond was up 6/32 in price with a yield of 2.934 percent, down 1 basis point from late on Thursday.
Earlier, 10-year and 30-year yields rose to their highs in about two weeks at 2.138 percent and 2.970 percent, respectively.
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