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Treasury prices trip as batch marketplace rallies (AP)

Treasury prices fell Friday after a array of clever corporate gain reports set off a convene in a batch market.

Treasurys fell as several large U.S. companies reported clever third-quarter results. McDonald’s Corp., Chipotle Mexican Grill Inc. and Harman International Industries Inc. were among a companies that kick analysts’ expectations.

Traders also seemed some-more confident that European leaders would make swell during meetings this weekend and subsequent week toward solution a Greek debt crisis. Stock markets in Europe and a U.S. rose sharply.

Traders sole Treasurys, pulling their prices reduce and their yields higher. The cost of a 10-year Treasury note was down 22 cents per $100 invested in late trading. It produce rose to 2.22 percent from 2.18 percent late Thursday.

The cost of a 30-year bond fell $1.03, pulling a produce adult to 3.27 percent from 3.20 percent.

The produce on a two-year Treasury note rose to 0.28 percent from 0.26 percent.

The three-month T-bill paid a produce of 0.01 percent, down from 0.02 percent late Thursday. Its bonus wasn’t available.

Source: Article Source

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One Response to Treasury prices trip as batch marketplace rallies (AP)

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