May 25, 2007
by Elaine Frei
Treasuries yields higher on data
by Elaine Frei
Prices were lower again on Friday on US Treasury bonds, and yields were up slightly as equities markets were stronger and economic news continues to indicate that the Federal Reserve is not likely to cut interest rates anytime soon.
Two-year Treasury bonds yielded 4.86 percent late on Friday, while five-year paper was at a yield of 4.8 percent. Yields on ten-year bonds rose slightly, from 4.85 percent on Thursday afternoon to 4.86 percent today. Thirty-year issues were unchanged at a yield of 5 percent.
Story link: Treasuries yields higher on data
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