Treasury prices advanced Friday, putting them on pace for their fifth straight day of gains, as Ukraine worries continued to boost safety plays and data on wholesale prices showed an unexpected decline.
The 10-year Treasury note yield, which moves inversely to price, was last down more 1.5 basis points to 2.630%. The 30-year bond yield also shed more than 1.5 basis points to 3.574%, and the 5-year note yield fell nearly 2 basis points to 1.502%.
Meanwhile, the Labor Department said a U.S. producer-price index fell 0.1% in February, missing forecasts for a 0.2% increase and marking the first decline in three months.
The 10-year Treasury note yield, which moves inversely to price, was last down more 1.5 basis points to 2.630%. The 30-year bond yield also shed more than 1.5 basis points to 3.574%, and the 5-year note yield fell nearly 2 basis points to 1.502%.
Meanwhile, the Labor Department said a U.S. producer-price index fell 0.1% in February, missing forecasts for a 0.2% increase and marking the first decline in three months.