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Foreign demand steadies at US Treasury auctions in June

BY Reuters | TREASURY | 05:40 PM EDT

NEW YORK, June 8 (Reuters) - Foreign investors increased purchases of two- and five-year U.S. Treasury notes while slightly reducing demand for seven-year debt at an auction earlier this month, amid signs of tensions in the Middle East easing, U.S. Treasury Department data released on Monday showed.

* Foreigners bought $9.923 billion of the latest two-year notes earlier in June, up from $9.158 billion in the auction in late April.

* They also took $8.946 billion of five-year notes, up 6.3% from $8.417 billion in April.

* However, overseas investors trimmed their purchases of seven-year debt in June to $5.651 billion, versus April's $5.817 billion.

* Overall, the Treasury offered $79 billion in two-year notes, $80 billion in five-year debt, and $50 billion in seven-year securities. (Reporting by Gertrude Chavez-Dreyfuss; Editing by Sonali Paul)

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