MW: Treasury prices decline ahead of U.S. housing data
By Polya Lesova
NEW YORK (MarketWatch) -- Treasury prices declined on Tuesday ahead of data expected to show a rise in U.S. existing-home sales. Yields on benchmark 10-year notes 10_YEAR +1.63% rose 3 basis points to 1.875%. Yields and prices move in opposite directions. Home-sales data is due at 10 a.m. Eastern time. In other bond trading, yields on 30-year bonds 30_YEAR +0.79% gained 3 basis points to 3.06%.
