Long Bond Falls

The dollar is stronger.
Author:
Publish date:

Treasury prices were lower Friday afternoon, led by a decline in the 30-year bond.

Recently, the long bond was down 8/32 in price to 99 11/32, yielding 4.79%, and the 10-year note was losing 5/32 to 100 5/32, yielding 4.60%. Yields and prices move in opposite directions.

The two-year note was giving back 1/32 to 100 8/32, yielding 4.59%, and the three-year was lower by 1/32 to 100 20/32, yielding 4.52%. The five-year was dropping 3/32 to 100 18/32, yielding 4.50%.

In the currency market, the dollar was rising against the euro, the pound and the Swiss franc. The greenback lost ground to the yen.