TREASURIES-Steady in Asia, could bottom-out soon

TOKYO, Dec 17 (BestGrowthStock) – U.S. Treasuries steadied in Asia on
Friday following a sharp rebound in the previous session, with
some players saying the market could soon bottom-out after a
sell-off of more than a month.

* The yield on 10-year U.S. Treasuries (US10YT=RR: ) was little
changed from late U.S. levels at 3.43 percent, and was off a
seven-month high of 3.56 percent hit on Thursday.

* Treasury prices recovered late in the U.S. session, as
dumping by investors caught in long positions and
mortgage-related selling subsided, after falling initially on
firm economic data.

* New claims for jobless aid fell last week and factory
activity in the Mid-Atlantic region grew at its quickest pace in
more than 5-