MW: Treasurys slide, giving back some of big rally
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices declined early on Friday, pushing yields up slightly after the biggest rally in months prompted traders to book some gains on a quiet day with no U.S. economic data. Yields on 10-year notes (UST10Y 3.48, -0.12, -3.31%) rose 2 basis points to 3.51%. Yields on 2-year notes (UST2YR 0.75, -0.08, -9.19%) added 4 basis points to 0.80%. "The Treasury market was flat to slightly lower overnight, giving back a marginal amount of Thursday's rally," said strategists at CRT Capital Group.
