Treasury Prices Climb

The dollar is mostly weaker.
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Treasury prices were on the rise Friday morning, led by a rally in the 30-year bond.

The 10-year note was up 6/32 in price to 99 11/32, yielding 4.71%, and the long bond was ahead by 12/32 to 99 3/32, yielding 4.81%. Prices and yields move in opposite directions.

Closer in, the two-year was tacking on 1/32 to 99 26/32, yielding 4.84%, and the three-year was up 1/32 to 99 31/32, yielding 4.75%. The five-year edged up 2/32 to 99 22/32 with a yield of 4.70%.

In the foreign exchange market, the dollar was mostly weaker, falling against the euro, the yen, the pound and the Australian dollar.