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Treasuries Rise; 10-Year Yield Drops Two Basis Points to 1.64%

Treasuries rose, with 10-year yields falling two basis points to 1.64 percent at 8:05 a.m. London time. The 1.625 percent note due in August 2022 gained 5/32, or $1.56 per $1,000 face amount, to 99 7/8.

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