NEW YORK (AP) _ Treasury bond prices were mixed at midday Tuesday.
The price of the Treasury’s 10-year note was up 1/16 point, or 62.5 cents per $1,000 in face value, around midday Tuesday, while its yield fell to 5.03 percent from 5.04 percent late Monday. Prices and yields move in opposite directions.
The 30-year bonds were up 13/32 point and yielded 5.39 percent, down from 5.42 percent late Monday.
Yields on three-month Treasury bills fell to 5.02 percent as the discount held steady at 4.90 percent, unchanged from Monday’s auction. Six-month yields fell to 4.91 percent as the discount fell 0.01 percentage point from the weekly auction to 4.74 percent. One-year yields rose to 4.73 percent as the discount rose 0.02 point to 4.54 percent.
Yields are the interest bonds pay by maturity, while the discount is the interest at which they are sold.