Treasuries Rise after GE Earnings Miss, Consumer Confidence Drop
Treasuries rose on Friday after U.S. industrial conglomerate General Electric Co. earnings came short of the target and after consumer confidence fell to a 26-year poll.
The Reuters/University of Michigan index of consumer sentiment fell to 63.2 from 69.5 in March.
Two year treasury notes rose 6/32 in price to 1.750 percent at 5:21 p.m. in New York. Ten year notes were up 20/32 to 3.477.
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