Treasury prices fell further Friday, pushing yields up, after a government report said sales of new homes fell 0.6% in March to a seasonally adjusted annual rate of 356,000. Ten-year note yields increased 9 basis points to 3.01%. Economists expected the pace of decline to be lower. The pace of sales in January and February were also revised higher. An earlier report saying durable-goods orders declined less than expected also weighed on U.S. debt. Also pressuring yields higher may be selling of existing securities before the Treasury sells $101 billion in new debt next week.
