MW: Treasurys fall ahead of Chicago PMI, consumer data
By Ben Eisen
NEW YORK (MarketWatch) -- Treasury prices fell Friday ahead of a string of data that may help clarify business conditions and consumer sentiment, as the Federal Reserve watches for economic improvement that may lead it to pare back its bond-purchase program later this year. The 10-year Treasury note 10_YEAR +1.26% yield, which moves inversely to price, rose 2.5 basis points to 2.495%. The 30-year bond 30_YEAR +0.26% yield rose 1 basis point to 3.543%, and the 5-year note 5_YEAR +1.88% yield rose 2.5 basis points to 1.406%.
