NEW YORK, July 1 (Reuters) - Longer-dated U.S. Treasury debt prices pared losses, while shorter-dated notes rose in price on Wednesday following data on June manufacturing, along May pending home sales and construction spending.

Benchmark 10-year Treasury notes were trading 5/32 lower in price for a yield of 3.56 percent, up from 3.53 percent late on Tuesday, while two-year notes were trading 2/32 higher for a yield of 1.09 percent from 1.13 percent.

(Reporting by Chris Reese; Editing by Theodore d'Afflisio)

((chris.reese@thomsonreuters.com; +1 646 223 6073; Reuters Messaging: chris.reese.reuters.com@reuters.net)) Keywords: MARKETS BONDS

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