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TREASURIES-U.S. yields trim rise as housing starts fall

NEW YORK, Aug 16 (Reuters) - U.S. Treasury yields pared their earlier increase on Wednesday as domestic home construction unexpectedly fell in July, stoking doubts about the housing market and overall economic strength in the third quarter.

At 8:38 a.m. (1238 GMT), the 10-year Treasury yield was 2.273 percent, up 0.7 basis point from late on Tuesday, while the 30-year yield was 2.853 percent, up 1.3 basis points from Tuesday's close. (Reporting by Richard Leong)