MW: Treasurys pare gains on rise in producer prices
By Ben Eisen
NEW YORK (MarketWatch) -- Treasurys gave back some gains Friday after the producer-prices index jumped 0.5% in May, the first increase in 3 months. Economists had expected an increase of 0.1%. After the data, the 10-year Treasury note 10_YEAR -1.21% yield was down 1 basis point on the day at 2.14%. The 30-year bond 30_YEAR -0.27% yield was up slightly on the day at 3.321% and the 5-year note 5_YEAR -2.75% yield was down 2.5 basis points at 1.036%.
