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Treasury prices shed their earlier gains, pushing yields off their sessions lows, after a 30-year bond auction drew poor demand from investors. The 10-year Treasury note yield was down 0.5 basis point to 3.210%, while the 30-year bond yield was down 0.5 basis point to 3.421%, after plumbing an intraday low of 3.386%. The 2-year note yield was up 1.6 basis points to 2.948%. Bond prices move in the opposite direction of yields. The ratio of bids accepted to bids received for the auction was at 2.06 times, the lowest in three years. A poor showing for a debt sale can weigh on trading in the secondary market. Jim Vogel, an interest-rate strategist at FTN Financial, said the "sloppy" auction helped erase the post-midterm rally in the bond market. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.