By Polya Lesova, MarketWatch
NEW YORK (MarketWatch) — Treasury yields traded little changed on Friday, while U.S. stocks were poised to open higher in what will be an abbreviated trading session following the Thanksgiving holiday.
Yields on 10-year notes 10_YEAR +0.06% fell 1 basis point to 1.675%.
Yields move inversely to prices. A basis point is one one-hundredth of a percentage point.
Yields on 30-year bonds 30_YEAR -0.14% slipped 1 basis point to 2.812% and those on 5-year notes 5_YEAR +0.29% dropped 1 basis point to 0.674%.
The bond market will close at 2 p.m. Eastern on Friday, while the stock market will close at 1 p.m.
U.S. stock futures rose on Friday, buoyed by an upbeat German business-sentiment survey and signs that consumers were taking advantage of Black Friday sales. Read: Stock futures up; retailers in focus.
The financial markets were closed on Thursday for the Thanksgiving holiday. Treasury prices fell on Wednesday following a relatively weak auction and generally positive economic data. Read: Treasurys down after TIPS auction.
