Prices for U.S. Treasuries pare gains after U.S. data
NEW YORK Feb 1 (Reuters) - Prices for U.S. Treasuries pared gains on Friday after data showed a pickup in U.S. manufacturing and higher consumer confidence in January.
Benchmark 10-year U.S. government debt traded 9/32 higher after the data to yield 1.953 percent. Prices for 30-year bonds traded 7/32 higher to yield 3.157 percent.
The pace of growth in the U.S. manufacturing sector picked up in January to its highest level in nine months as new orders and employment improved, and U.S. consumer sentiment unexpectedly improved that month, as well.
- Sierra Leone declares emergency as Ebola death toll hits 729 |
- Israel, Palestinian militant groups begin three-day Gaza truce |
- Disappointment, uncertainty after India blocks WTO trade deal
- Tesla expects to boost 2015 output to more than 60,000
- Tea Party out-muscles Boehner on border-security funding