U.S. Treasury Bond Prices Lower
NEW YORK (AP) _ Treasury bond prices were lower at midday Monday.
The price of the Treasury’s 10-year note was down 19/32 point, or $5.93 per $1,000 in face value, around midday Monday, while its yield rose to 3.43 percent from 3.36 percent late Friday. Prices and yields move in opposite directions.
The 30-year bonds were down 15/16 point and yielded 4.42 percent, up from 4.37 percent late Friday, according to Moneyline Telerate.
Two-year Treasury notes were down 1/32 point and yielded 1.34 percent, up from 1.33 percent late Friday.
Yields on one-month Treasury bills were 1.16 percent as the discount held at 1.14 percent. Yields on three-month Treasury bills were 1.12 percent as the discount rose 0.01 percentage point to 1.10 percent. Six-month yields were 1.12 percent as the discount rose 0.03 percentage point to 1.09 percent.
Yields are the interest bonds pay by maturity, while the discount is the interest at which they are sold.