RTRS: U.S. Treasuries extend loss on Lacker, stock gain
NEW YORK, Nov 21 (Reuters) - U.S. Treasury debt prices fell on Friday, retesting earlier lows, as a moderate recovery in stock futures led to an unwind of safety bids tied to Thursday's equity rout.
Encouraging remarks on the recovery of the U.S. economy from Richmond Federal Reserve President Jeffrey Lacker also resulted in traders shifting money from bonds to stocks.
The price on benchmark 10-year Treasury notes was down 1-7/32. Their yield which moves inversely to price was 3.15 percent, up from 3.00 percent late on Thursday.
The 30-year bond was down 2-17/32 with its yield rising to 3.60 percent from 3.48 percent on Thursday. (Reporting by Richard Leong; Editing by Theodore d'Afflisio)
