Share “Treasurys little changed on Spain bailout...”

Treasurys little changed on Spain bailout report

Associated Press Published: September 21, 2012

U.S. government bond prices were little changed Friday amid news that Spain is closer to getting a financial lifeline.

The 10-year Treasury note inched up 9.37 cents for every $100 invested in late Friday trading. The slightly higher price pushed its yield down to 1.75 percent, from 1.77 percent late Thursday. Bond yields fall when prices rise.

The Financial Times reported that Spain and the European Commission were nearing an agreement that would help Spain receive a rescue package. Mario Draghi, the European Central Bank's head, has pledged to support the government bond markets of struggling European countries, but only after they ask for help from Europe's bailout fund.

In other Treasury trading, the 30-year bond dropped 3.12 cents, leaving its yield at 2.95 percent, unchanged from late Thursday. The two-year note's yield edged up to 0.27 percent from 0.26 percent.

In the market for short-term bills, the 3-month T-bill paid a yield of 0.10 percent.


  1. 1
    Migrants Fleeing Hungary Start a Long March Toward Germany
  2. 2
    When Pets Do Pot: A High That's Not So Mighty
  3. 3
    What Diseases Can You Get from a Water Fountain?
  4. 4
    Greek woman saves a Syrian man lost at sea for 13 hours
  5. 5
    Texas State student rides her Barbie Jeep around campus after DWI arrest, Internet loves it
+ show more


× Trending business Article