By Deborah Levine, MarketWatch
NEW YORK (MarketWatch) — Treasury prices declined on Friday, giving back some of the prior session’s rally, as traders carved out a trading range for U.S. bonds with attention still mostly focused on Europe.
Yields on 10-year notes 10_YEAR +1.67% , which move inversely to prices, rose 2 basis points to 1.65%, after being down slightly through the Asian and European sessions.
A basis point is one one-hundredth of a percentage point.
By Deborah Levine, MarketWatch
NEW YORK (MarketWatch) — Treasury prices declined on Friday, giving back some of the prior session’s rally, as traders carved out a trading range for U.S. bonds with attention still mostly focused on Europe.
Yields on 10-year notes 10_YEAR +1.67% , which move inversely to prices, rose 2 basis points to 1.65%, after being down slightly through the Asian and European sessions.
A basis point is one one-hundredth of a percentage point.
