Treasury Prices Head Lower

The dollar is on the decline.
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Treasuries were falling early Friday, with the long end taking the worst hit.

The 30-year bond was down 7/32 in price to 98-26/32 and was yielding 4.82%. The 10-year was off 3/32 to 99-1/32, with a yield of 4.74%.

Closer in, the two-year note was down 1/32 to 99-31/32, yielding 4.88%, and the five-year shed 2/32 to 100-1/32, yielding 4.74%.

In the currency market, the dollar was weaker against the euro, the pound and the yen.