MW: Treasurys pare loss after ISM weaker than seen
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices pared earlier losses on Thursday, though longe-term yields remain up for a third day, after Institute for Supply Management said the service sectors of the U.S. economy contracted in November after two months of expansion, a surprise for economists who expected the sector to improve. Yields on 10-year notes (UST10Y 3.38, +0.07, +2.15%) rose 5 basis points to 3.37%. Still to come is the Treasury Department's announcement of how much in debt it will sell next week.
