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NEW YORK (AP) - Longer maturity U.S. Treasury bonds slipped Thursday amid concerns over the subprime mortgage sector and the falling stock market.
At 11 a.m. EDT, the 10-year Treasury note was down 31 cents per $1,000 in face value, or 1/32 point, from its level at 5 p.m. Wednesday. Its yield, which moves in the opposite direction, was unchanged at 5.14 percent.
The 30-year bond fell 6/32 point. Its yield rose to 5.26 percent from 5.25 percent.
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