Bond Prices Mixed at Midday
NEW YORK (AP) _ Treasury bond prices were mixed at midday Friday.
The price of the Treasury’s 10-year note was down 3/16 point, or $1.88 per $1,000 in face value, around midday Friday, while its yield rose to 4.82 percent from 4.80 percent late Thursday. Prices and yields move in opposite directions.
The 30-year bonds were up 1/32 point and yielded 5.38 percent.
Yields on one-month Treasury bills fell to 3.40 percent as the discount fell 0.01 percentage point to 3.35 percent. Yields on three-month Treasury bills were unchanged at 3.35 percent as the discount remained 3.29 percent. Six-month yields rose to 3.28 percent as the discount rose 0.03 percentage point to 3.19 percent.
Two-year Treasury notes were unchanged and yielded 3.61 percent.
Yields are the interest bonds pay by maturity, while the discount is the interest at which they are sold.