Treasury Prices Lower
Treasury prices were lower Friday morning. The 10-year note was lower at 100-27/32 for a yield of 4.152%, while the 30-year bond was lower
at 107-21/32 for a yield of 4.530%. Action Economics reports that yields stalled out after rising on relatively hawkish references from Kroszner and Poole, with weak industrial production data and a dip in stocks to blame.