MarketWatch -- Treasurys gave up some of the prior session's gains in early trading Friday, as investors waited to see how retailers fared on one of the most important spending days of the year.
In light trading following Thursday's Thanksgiving Day recess, yields on ten-year Treasurys rose to 2.984% from 2.978% Wednesday. Yields move conversely to prices.
Yields on the two-year note rose to 1.1231% from 1.112%.
Stock futures looked to open slightly lower.
On Thursday, ten-year yields had fallen to an all-time low as investors sought safe-haven investments following a rash of negative economic news.
Traders are watching for results of Black Friday, the start of the Christmas shopping season.
Retailers are expected to have their worst holiday season in years.
