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MW: Treasury yields rise ahead of housing data
 
By Saumya Vaishampayan
NEW YORK (MarketWatch) -- U.S. Treasury prices fell Friday, sending yields higher, as investors looked ahead to U.S. housing data. Analysts surveyed by MarketWatch expect existing home sales to drop to an annual rate of 4.65 million in January from a preliminary 4.87 million in December. Yields on the benchmark 10-year Treasury note 10_YEAR +0.58% rose 2 basis points to 2.767% and yields on the five-year Treasury note 5_YEAR +1.75% rose 2 basis points to 1.564%. One basis point is one one-hundredth of a percentage point. The 30-year Treasury bond 30_YEAR +0.22% yield was up about 1 basis point to 3.732%.
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