MW:Treasurys slide ahead of housing, consumer data
NEW YORK (MarketWatch) -- Treasury prices fell Friday ahead of the release of data on housing starts and consumer sentiment, extending a slide from the last session. The benchmark 10-year note 10_YEAR +0.87% yield, which moves inversely to price, rose 2 basis points to 2.791%, while the 30-year bond 30_YEAR +0.55% yield rose 2.5 basis points to 3.833%. The 5-year note 5_YEAR +1.18% yield rose 1 basis point to 1.538%. Treasury yields, which rose for much of May and June, but settled in July, resumed a rise this week as fears resume about the trajectory of global fiscal and monetary policy.
