TREASURIES-Prices gain in the wake of UMich sentiment data
NEW YORK, March 15
NEW YORK, March 15 (Reuters) - U.S. Treasury debt prices gained on Friday following a weaker-than-expected reading in the Thomson Reuters/University of Michigan overall index on consumer sentiment for early March.
Benchmark 10-year notes were trading 9/32 higher in price to yield 2.01 percent, down from 2.04 percent late Thursday. The notes had been trading 4/32 higher in price just prior to the release of the sentiment data.