Treasuries Tame After PPI Report

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Treasuries were mixed around midday Friday after a government report showed that prices paid to U.S. factories, farmers and other producers dropped 1.6% in October, the biggest decline on record.

The two-year note was recently losing 1/32 to 100 20/32, yielding 2.41%. The five-year was also off 1/32 to 99 19/32, yielding 3.59%. The 10-year Treasury rose 2/32 to 105 23/32 to yield 4.28%, and the 30-year bond was unchanged at 107 30/32, yielding 4.86%.