TREASURIES-US yields fall less as June housing starts rise

BY Reuters | ECONOMIC | 07/18/25 08:49 AM EDT

NEW YORK, July 18 (Reuters) - U.S. Treasury yields modestly pared declines on Friday after data showed housing starts on the world's largest economy rose 4.6% in June, exceeding economists' forecasts.

The benchmark 10-year yield was down 3.7 basis points (bps) at 4.426% after the housing data, compared with 4.435% right before the data's release. The two-year yield, which reflects interest rate expectations, also trimmed its fall to 3.712%, from 3.884%. (Reporting by Gertrude Chavez-Dreyfuss; editing by Philippa Fletcher)

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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