Rally in Treasuries Continues
Treasury prices were continuing their recent rally early Friday, with the long bond posting the biggest gain.
The 10-year note was up 5/32 in price to 99 16/32, yielding 4.69%, and the 30-year was rising 8/32 to 99 12/32, yielding 4.79%. Among the short maturities, the two-year was fractionally higher at 100 3/32, yielding 4.82%, and the five-year was tacking on 2/32 to 100 11/32, yielding 4.67%. The three-year was up 1/32 to 100 4/32, yielding 4.71%. In the currency market, the dollar was mainly stronger. Lately, it cost $1.3110 to buy a euro, down from $1.3147 previously. The greenback rose to 119.38 yen from 119.30 Thursday, and the pound slipped to $1.9480 from $1.9544. The dollar was also advancing against the Swiss franc and the Canadian dollar but was slightly weaker vs. the Australian dollar.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,270.47 | 1,093.48 | 2,167.88 | 34.29 |
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