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Treasuries Erase Initial Loss After China Manufacturing Report

March 22 (Bloomberg) -- Treasuries erased initial losses after a private report signaled manufacturing may shrink in China.

U.S. bonds rose for a third day, with the yield on the 10-year security falling one basis point to 2.28 percent as of 12:06 p.m. in Tokyo.

To contact the reporter on this story: Wes Goodman in Singapore at wgoodman@bloomberg.net

To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net

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