MW: Treasurys fall ahead of supply as worries fade
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices fell on Friday, pushing long-term yields up, which traders attributed to preparation for next week's auctions and an overall reduction in fears about the global recovery. "Overall, worries regarding the sovereign debt crisis and global growth slowdown ebbed on a lack of news flow and even a few strong reports," including one earlier Friday showing much better-than-expected job growth in Canada, said T.J. Marta, chief market strategist at Marta on the Markets. Yields on 10-year notes (UST10Y 3.05, +0.01, +0.46%) , which move inversely to prices, rose 5 basis pints to 3.04%.
