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MW: Treasury yields rise after GDP data
 
By Ben Eisen
NEW YORK (MarketWatch) -- Treasury prices climbed Friday after data showed a revision downward in last quarter's gross domestic product. The economy expanded at an annual pace of 2.4% in the fourth-quarter, lower than the previously reported figure of 3.2%, but matching the forecasts of Wall Street economists. After the data, the benchmark 10-year note 10_YEAR +0.91% yield, which rises as prices fall, was up 3 basis points at 2.674%. The 30-year bond 30_YEAR +0.56% yield rose 2 basis points to 3.616%, and the 5-year note 5_YEAR +1.61% yield rose 3.5 basis points to 1.521%. Also on the calendar is Chicago PMI data, consumer sentiment numbers, and pending home sales.
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