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TREASURIES-U.S. bonds pare losses as Q2 GDP data disappoint

Reuters - UK Focus

NEW YORK, July 29 (Reuters) - U.S (Other OTC: UBGXF - news) . Treasury prices pared earlier losses on Friday as the government's first snapshot on domestic gross product in the second quarter showed it grew 1.2 percent, well below a 2.6 percent rise forecast among economists polled by Reuters.

Benchmark 10-year Treasury notes were down 2/32 in price for a yield of 1.516 percent, up 0.5 basis point from late on Thursday. (Reporting by Richard Leong)