NEW YORK (AP) — Treasury prices are trading mixed after U.S. companies reported strong earnings and the government said new jobless claims fell but remain elevated.
The price of the 10-year note slipped 15.625 cents Thursday afternoon to $104.156, while its yield rose to 3.01 percent from 2.99 percent late Wednesday. That yield helps set interest rates on mortgages and other kinds of loans.
The Treasury Department auctioned $29 billion in seven-year notes Thursday. The government also held auctions this week that boosted supply of two- and five-year notes.
Stocks fell as investors warily awaited the government's reading Friday on second-quarter gross domestic product.
