TREASURIES-U.S. bond prices pare losses after March spending data
NEW YORK, April 29 (Reuters) - U.S. Treasury prices trimmed earlier losses on Friday as weaker-than-forecast data on consumer spending in March supported the notion of a sluggish U.S. economic expansion, which may keep the Federal Reserve from raising interest rates in June.
Benchmark 10-year Treasury notes were 5/32 lower for a yield of 1.856 percent, up nearly 2 basis points from late on Thursday.
(Reporting by Richard Leong; Editing by Chizu Nomiyama)
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