MW: Treasurys hold gains after producer-prices rise
By Ben Eisen
NEW YORK (MarketWatch) -- Treasurys held on to their morning price gains after producer prices climbed 0.8%, beating the estimates of economists but holding the market's perspective on inflation steady. The 10-year note 10_YEAR -1.16% yield, which moves inversely to prices, fell 2 basis points to 2.557%, while the 30-year bond 30_YEAR -0.74% fell 1.5 basis points to 3.612%, and the 5-year note 5_YEAR -0.93% yield fell 1.5 basis points to 1.380%. Consumer-sentiment data will be released later this morning, and a number of Federal Reserve officials will make public appearances.
