Bonds Fall

Treasuries were lower Friday afternoon, with little reaction to current account deficit and Michigan sentiment data

S&P MARKETSCOPE: The 10-year note and 30-year bond both fell 04/32 to 100-12/32 and 115-16/32 respectively, yielding 4.08% and 4.36%. Trading was somewhat subdued, with little reaction to record $195.1 billion current account deficit and rise in preliminary June Michigan sentiment to 94.8 from 86.9 in May.

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