NEW YORK, Feb 28 (Reuters) - U.S. Treasury yields

briefly trimmed their losses on Friday, but remained lower on

the day, after data showed a key core inflation measure edging

higher last month, reinforcing expectations the Federal Reserve

will pause rate cuts for some time.

The core Personal Consumption Expenditures (PCE) price

index, which strips out the volatile food and energy components,

gained 0.3% last month after an unrevised 0.2% rise in December,

data showed. In the 12 months through January, core inflation

increased 2.6% after climbing 2.9% in December.

The benchmark 10-year yield pared losses following the data

but remained lower. It was last at 4.256%, 2.7 bps

down on the day.