Treasury bond prices were lower at midday
The price of the Treasury's 10-year note was down 3-16 point, or
$1.875 per $1,000 in face value, around midday Monday, while its
yield rose to 5.81 percent from 5.78 percent late Friday. Prices
and yields move in opposite directions.
The 30-year bonds were down 1-4 point and yielded 5.72 percent,
up from 5.71 percent late Friday.
Yields on three-month Treasury bills fell to 6.26 percent as the
discount fell 0.01 percentage point to 6.09 percent. Six-month
yields rose to 6.32 percent as the discount rose 0.01 percentage
point to 6.06 percent. One-year yields fell to 6.20 percent as the
discount fell 0.01 point to 5.90 percent.
Yields are the interest bonds pay by maturity, while the
discount is the interest at which they are sold.