MW: Treasurys stay down after trade, import price data
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices were mostly lower early Friday, pushing yields up, after data showed the U.S. trade deficit widened more than forecast to $36.5 billion in September and import prices rose 0.7% last month, suggesting third-quarter growth may not be as strong as the government initially estimated. Yields on 10-year notes (UST10Y 3.44, 0.00, 0.00%) , rose 1 basis point to 3.46%. Before the data, traders were focused on redistributing the week's $81 billion in note and bond auctions, which tends to pressure yields higher. Still to come at 10 a.m. Eastern time is a report expected to show consumer sentiment improved in early November.
