For the first half of the day, Treasuries were on a tear. But as the session went on investors turned their attention to stocks, and fixed-income securities, for the most part, went negative.

Around 4 p.m. EDT, the price of 10-year Treasuries was down 8/32 at 102 2/32 with a yield of 4.120% after spending much of the day substantially higher. The 30-year bond was holding a gain of 18/32 to 106 23/32, yielding 4.933%, but that was well below its best level of the session. Earlier in the day, the bond was up more than 2 points.

Shorter-term notes were declining. The two-year was down 11/32 to 100 5/32, yielding 2.160%, and the five-year was off 18/32 to 100 1/32 and yielding 3.243%.