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MW: Treasurys edge up before homes sales data
 
By Deborah Levine
NEW YORK (MarketWatch) -- Long-term Treasury prices rose slightly on Monday, keeping 10-year yields under 3%, before a report on new home sales, which is expected to show a slight rebound in June after a deep plunge in May. U.S. stock futures also pointed to a lower opening, lending some support for bonds as an alternative asset. Yields on 10-year notes (UST10Y 2.99, -0.01, -0.30%) , which move inversely to prices, fell 1 basis point to 2.99%.
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