Treasuries End Down on Profit-Taking

The markets prepared for a long U.S. weekend with the Veterans Day holiday on Monday

U.S. Treasuries finished lower as equities posted modest. According to S&P, profit-taking was blamed for some of the weakness as traders cashed in on gains ahead of the long U.S. weekend. The bond market will be open for a half day on Friday and will be closed on Monday for the Veterans Day holiday. On the economic front, the October Producer Price Index and preliminary Michigan sentiment survey were slated for release on Friday.

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