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%. ...