Treasury Bond Prices Mixed Friday
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NEW YORK (AP) _ Treasury bond prices were mixed at midday Friday.
The price of the Treasury’s 10-year note was down 1/8 point, or $1.25 per $1,000 in face value, around midday Friday, while its yield rose to 4.39 percent from 4.38 percent late Thursday. Prices and yields move in opposite directions.
The 30-year bonds were down 13/32 point and yielded 5.32 percent, up from 5.30 percent late Thursday, according to Moneyline Telerate.
Two-year Treasury notes were up 1/16 point and yielded 2.23 percent, down from 2.27 percent late Thursday.
Yields on one-month Treasury bills fell to 1.69 percent as the discount fell 0.01 percentage point to 1.67 percent. Three-month Treasury bills were unchanged, yielding 1.68 percent with a discount of 1.66 percent. Six-month yields were at 1.67 percent as the discount fell 0.01 percentage point to 1.64 percent.
Yields are the interest bonds pay by maturity, while the discount is the interest at which they are sold.