U.S. Treasury prices on Friday added to losses, driving yields higher, as a rally in global stocks underscored demand for assets perceived as risky and away from havens like gold and government paper. Fixed income investors also watched for key updates on inflation and U.S. manufacturing, which could impact bond investing.
The yield on the 10-year Treasury note TMUBMUSD10Y, +0.77% added 2.7 basis points to 2.738%. The two-year Treasury note yield TMUBMUSD02Y, +0.48% TMUBMUSD02Y, +0.48% added 1.6 basis points to 2.528%, while the 30-year Treasury bond yield TMUBMUSD30Y, +0.69% gained 1.8 basis points to 3.105%.
