Bond Report: Treasury yields end day, week higher as stocks regain winning form

Treasury prices retreated Friday, pushing yields higher, as investors grew eager to sell the perceived safety of bonds in favor of riskier stocks amid the best one-day rally for U.S. equities in 2017, led by a surge in financials.

The yield on the benchmark 10-year Treasury note TMUBMUSD10Y, +0.00% rose 2.6 basis points at 2.496%. The two-year yield TMUBMUSD02Y, +0.00% which is more sensitive to expectations about Fed policy, edged up 0.8 basis point to 1.213%. The 30-year T-bond yield TMUBMUSD30Y, +0.00% gained 3.6 basis points to 3.118%.

For the week, the two-year was nearly flat, the 10-year saw a weekly climb of 1.6 basis point, while the 30-year bond rose 5.9 basis points.

>>> Original Source <<<