MW: Treasurys lower with eyes on bond sales next week
NEW YORK (MarketWatch) -- Treasury prices declined slightly early on Friday, pushing yields up, as traders will prepare for the $112 billion in Treasury note sales next week. Ten-year note yields (UST10Y 3.38, -0.08, -2.40%) rose 3 basis points to 3.42%. With no data the U.S. calendar, the market will also be prepping for the Federal Reserve policy meeting starting on Tuesday, and the possibility of more corporate bond sales, following a glut of issuance this week.
