NEW YORK (MarketWatch) -- Treasury prices gained modestly in early U.S. trading hours on Friday, pushing yields down, with the only U.S. economic data due for release being wholesale inventories at 10 a.m. Eastern time. Yields on 10-year notes (UST10Y 3.89, +0.04, +0.91%) fell 1 basis point to 3.89%. Bonds have recovered much of the big losses earlier in the week, as a string of debt auctions drew strong demand from investors. "We learned this week that if you offer Treasury yields at range highs, the buyers will come," said bond strategists at RBS Securities.
