Bloomberg -- Treasury 10-year note yields approached the highest level in two years before the Federal Reserve releases minutes of its July meeting that may contain signals on when policy makers plan to curtail monetary stimulus.

Benchmark 10-year yields briefly extended gains as an industry report showed sales of previously owned U.S. homes climbed in July to the fastest pace in almost four years. Treasuries advanced yesterday as speculation a withdrawal of stimulus will hurt emerging-market economies stoked demand for the safety of U.S. government debt.

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