MW: Treasurys rise ahead of consumer sentiment data
By Ben Eisen
NEW YORK (MarketWatch) -- Treasurys prices inched higher, sending yields down, ahead of a widely watched gauge of consumer confidence on Friday. Economists polled by MarketWatch expect the Thomson Reuters/University of Michigan's sentiment index to edge up to 84 in July from a reading of 83.9 in June. The 10-year note 10_YEAR -0.62% yield fell 1 basis point to 2.563%, while the 30-year bond 30_YEAR -0.60% yield fell 2 basis points to 3.623%, and the 5-year note 5_YEAR -0.51% yield fell half a basis point to 1.375%.
