NEW YORK, April 11 U.S. Treasuries prices were
little changed on Friday, as investors booked profits on this
week's gains and as bond dealers sold Treasuries to hedge next
week's corporate bond supply, traders said.
The week's earlier gains were tied to safe-haven bids and
bets the Federal Reserve would stick to a near zero rate policy
at least into the second half of 2015.
Treasuries also came under pressure as Wall Street shares
rose to session highs, paring most of their early losses linked
to disappointing quarterly results from JPMorgan Chase & Co.,
the biggest U.S. bank.
Benchmark 10-year Treasuries notes were
unchanged in price after rising as much as 6/32 earlier. The
10-year yield was last 2.630 percent after falling to its lowest
intraday level in about five weeks, according to Reuters data.
(Reporting by Richard Leong; Editing by David Gregorio)