Treasury bonds slipped, retreating from a four-day winning streak.
Demand for safe assets pulled back on reports that Spain is negotiating with the European Union for a bailout deal. A key condition for the European Central Bank to buy government bonds in troubled euro-zone economies is an official request by Spain to ask for funding from the region's bailout fund.
In early trade, the benchmark 10-year note fell 3/32 in price to yield 1.788%. The 30-year bond was 16/32 lower to ...