MW: Treasurys stay down after confidence index rises
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices remained lower Friday, pushing yields up, after the final reading of the University of Michigan/Reuters index of consumer confidence for July rose to 66, more than some had expected. Ten-year note yields (UST10Y 3.67, +0.02, +0.44%) rose 2 basis points to 3.67%. Traders are also setting up for the Treasury's sale of $205 billion in short-term bills and notes next week, more than many strategists had anticipated.
