Treasury prices stayed higher Wednesday after reports showed manufacturing improved slightly and pending home sales rose. Ten-year note yields fell 1 basis point to 2.65%. The Institute for Supply Management's index of manufacturing activity rose to 36.3 in March, from 35.8 the previous month. Economists surveyed by MarketWatch expected the index to read 36. A separate report showed pending home sales rose 2.1% in February. Treasurys were supported earlier by ADP data showing private companies slashed jobs in March and also supported as investors watch for how much the Federal Reserve buys in U.S. debt maturing in 2012 and 2013.
