By Deborah Levine
SAN FRANCISCO (MarketWatch) -- Treasury prices pared losses on Thursday, leaving yields up only marginally on the day, as U.S. stocks and the dollar turned following rumors, already refuted, about Fitch Ratings downgrading the U.S. Yields on 10_year notes [10_year], which move inversely to prices, rose to 2 basis points, trading at 1.81% from as high as 1.86%. "We don't find the rumors credible at this time," said Andrew Brenner, head of international fixed income at National Alliance Securities. "While the fiscal cliff remains a major issue, the current rumor talk should be faded."
