NEW YORK (CNNMoney.com) -- Long-term Treasurys rose Friday as stocks inched lower. Shorter term notes were hardly changed.
What prices are doing: The benchmark 10-year note fell 4/32 to 99-14/32 and its yield rose to 3.7%. The 30-year bond rose 7/32 to 100-24/32 and its yield fell to 4.58%. Bond prices and yields move in opposite directions.
 |
| Click the chart for bond prices and yields. |
The 2-year note fell 2/32 to 99-25/32 with a yield of 1%. The 5-year note fell 6/32 to 99-6/32 with a yield of 2.46%.
What's moving the market: Stocks slipped Friday as investors hesitated after all three major indexes posted 18-month highs in the previous session.
Otherwise, trading was slow, with no economic reports scheduled for release on Friday. Treasurys have been relatively unchanged the last few weeks as investors are hesitant to fully believe in an economic recovery just yet.
What analysts are saying: It was a quiet Friday, said Kim Rupert, a fixed-income analyst with Action Economics.
Treasurys have been quiet for the last few weeks actually, she said, as investors are still waiting for any major trends or events that will move the market.
That said - Treasurys investors are likely to see a drop in prices before the government's $118 billion auction of notes next week, Rupert said. Traders usually try to push prices lower ahead of auctions to generate demand, she explained.
The auctions include $44 billion in 2-year notes on Tuesday, $42 billion in 5-year notes on Wednesday and $32 billion in 7-year notes next Thursday. 
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 3.80% | 3.88% | |
| 15 yr fixed | 3.20% | 3.23% | |
| 5/1 ARM | 3.84% | 3.88% | |
| 30 yr refi | 3.82% | 3.93% | |
| 15 yr refi | 3.20% | 3.23% |
Today's featured rates:
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 32,627.97 | -234.33 | -0.71% |
| Nasdaq | 13,215.24 | 99.07 | 0.76% |
| S&P 500 | 3,913.10 | -2.36 | -0.06% |
| Treasuries | 1.73 | 0.00 | 0.12% |
| Company | Price | Change | % Change |
|---|---|---|---|
| Ford Motor Co | 8.29 | 0.05 | 0.61% |
| Advanced Micro Devic... | 54.59 | 0.70 | 1.30% |
| Cisco Systems Inc | 47.49 | -2.44 | -4.89% |
| General Electric Co | 13.00 | -0.16 | -1.22% |
| Kraft Heinz Co | 27.84 | -2.20 | -7.32% |
|
Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands. More |
Land O'Lakes CEO Beth Ford charts her career path, from her first job to becoming the first openly gay CEO at a Fortune 500 company in an interview with CNN's Boss Files. More |
Honda and General Motors are creating a new generation of fully autonomous vehicles. More |
In 1998, Ntsiki Biyela won a scholarship to study wine making. Now she's about to launch her own brand. More |
Whether you hedge inflation or look for a return that outpaces inflation, here's how to prepare. More |
