US Treasury bond prices lower

After gains early in the day prompted by core producer price data that was steady, prices on US Treasury bonds fell on Friday afternoon and yields rose as investors favored stocks over bonds. Two-year Treasury bonds yielded 4.701 percent early in the afternoon, while ten-year paper was yielding 4.660 percent. Thirty-year paper yielded 4.835 percent. Also playing into a general disinterest in government bonds was a heavy schedule of corporate issues.

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