MW: Treasurys rise after mixed retail, producer data
By Ben Eisen
NEW YORK (MarketWatch) -- Treasury prices moved higher Friday, sending yields lower after a round of mixed data. The 10-year Treasury note 10_YEAR -0.58% yield, which moved inversely to price, fell 1.5 basis points to 2.900%, while the 30-year bond 30_YEAR -0.67% yield fell 2 basis points to 3.830%. The 5-year note 5_YEAR -0.06% yield rose half a basis point to 1.720%. Data on Friday showed retail sales rose 0.2% in August, missing Wall Street expectations of a 0.5% advance. U.S. wholesale prices rose 0.3% in August as fuel and food costs rose, beating expectations of a 0.2% increase.
