Treasury Prices Fell
MARKETSCOPE : Treasuries fell modestly on Thursday, ahead of the September labor report tomorrow.
The 10-year note fell 05/32 to 99-04/32 for a yield of 4.36%, while the 30-year bond sank 13/32 to 111-22/32 for a yield of 4.59%.
Yields ticked slightly higher after Fed Governor Fisher reiterated hawkish comments he made earlier in the week about inflation. Equities, however, sank sharply after Fisher spoke. Initial jobless claims rose unexpectedly by 21,000 to 390,000.