RTRS: TREASURIES-Bonds dip after refunding announcement
NEW YORK, Nov 5 (Reuters) - U.S. government debt prices dipped on Wednesday after the Treasury Department announced a $55 billion quarterly refunding, at the higher end of market analysts' forecasts.
The benchmark 10-year Treasury note's price, which moves inversely to its yield, briefly dipped 4/32 for a yield of 3.74 percent , versus 3.72 percent just before the announcement and versus 3.72 percent late Tuesday. (Reporting by John Parry; Editing by Theodore d'Afflisio)
