0530 GMT - U.S. Treasury yields edge higher in Asian trade, in a signal that Treasurys remain vulnerable after reports that the Treasury is considering using its general account as an option to finance its buybacks. "In terms of the bond market, there should be no material impact on long-dated yields from this," ING's Padhraic Garvey says in a note. "Impact on long yields can result from an expansion in the size of long-end buybacks," but not from how the buybacks are financed, specifically whether financed by bills issuance or rundown of the general account, the regional head of research, Americas, says. The two-year Treasury yield rises 1 basis point to 4.245%, the 10-year yield is up 0.8 bp to 4.710% and the 30-year yield is up 0.6 bp at 5.237%, according to Tradeweb.
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