U.S. Treasury Bond Prices Higher
NEW YORK (AP) _ Treasury bond prices were higher at midday Tuesday.
The price of the Treasury’s 10-year note was up 5/32 point, or $1.56 per $1,000 in face value, while its yield fell to 4.33 percent from 4.35 percent late Monday. Prices and yields move in opposite directions.
The 30-year bonds were up 1/4 point and yielded 5.15 percent, down from 5.17 percent late Monday, according to Moneyline Telerate.
Two-year Treasury notes were unchanged and yielded 1.88 percent, unchanged from late Monday.
Yields on one-month Treasury bills held at 0.96 percent as the discount held at 0.94 percent. Yields on three-month Treasury bills rose to 0.95 percent as the discount rose 0.01 percentage point to 0.93 percent. Six-month yields were 1.04 percent as the discount held at 1.01 percent.
Yields are the interest bonds pay by maturity, while the discount is the interest at which they are sold.