NEW YORK (MarketWatch) -- Treasury prices fell Tuesday, pushing yields higher, as June housing starts jumped to their highest level in five months. New construction of U.S. houses rose 14.6% to a seasonally adjusted 629,000 annualized units, outstripping the 580,000 expected by economists surveyed by MarketWatch. Yields on 10-year notes 10_YEAR +0.51% , which move inversely to prices, were up 2 basis point to 2.95% and yields on 2-year notes 2_YEAR +1.05% gained 1 basis point to 0.38%. A basis point is 1/100th of a percentage point.
