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TREASURIES-U.S. yields drift lower with UK bonds, BoE still in focus

Mount Equity Group Tokyo Japan > News > Markets > TREASURIES-U.S. yields drift lower with UK bonds, BoE still in focus

(Adds new analyst comment, BoE news on gilt sales, updates prices) * BoE to push through with gilt sales * U.S. housing index down, manufacturing output up * Bond investors worry about liquidity in Treasuries By Gertrude Chavez-Dreyfuss NEW YORK, Oct 18 (Reuters) – U.S. Treasury yields slipped across most maturities in choppy trading on Tuesday, tracking for the most part moves in UK and European bonds, as recent measures by the British government to stabilize its bond market eased a bit of investor anxiety that has led to some short-covering. U.S. benchmark 10-year yields fell for the first time in four days. They were last down nearly 2.5 basis points (bps) at 3.9901%. The 10-year gilt yield also edged lower by about 1.5 basis points (bps) to 3.928%, while those on 10-year German bunds were flat on the day at 2.283%. Gilts gained earlier after the Bank of England said it has not decided to delay the start of its “quantitative…

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