Bond Prices Mixed at Midday
May. 23, 2003
NEW YORK (AP) _ Treasury bond prices were mixed at midday Friday.
The price of the Treasury's 10-year note was down 1/32 point, or 31 cents per $1,000 in face value, around midday, while its yield was unchanged at 3.32 percent.
The 30-year bonds were up 1/4 point and yielded 4.26 percent, virtually unchanged since late Thursday, according to Moneyline Telerate.
Two-year Treasury notes were down 1/32 point and yielded 1.33 percent, up from 1.32 percent late Thursday.
Yields on one-month Treasury bills were 1.13 percent as the discount rose 0.01 percentage point to 1.11 percent. Yields on three-month Treasury bills were unchanged at 1.07 percent as the discount held at 1.05 percent. Six-month yields were 1.07 percent as the discount held at 1.05 percent.
Yields are the interest bonds pay by maturity, while the discount is the interest at which they are sold.