Treasury yields fell Friday at the end a week of range-bound as trading as demand for U.S. government paper rose when the Turkish lira resumed its decline and weighed on risk sentiment.
The yield for the benchmark 10-year note TMUBMUSD10Y, -0.16% fell 2.0 basis points to 2.851%. The 2-year note yield TMUBMUSD02Y, -0.16% was down 1.2 basis point to 2.608%, while the 30-year bond rate TMUBMUSD30Y, -0.41% shed 1.8 basis points to 3.014%. Bond prices move in the opposite direction of yields.
