Treasury prices fell, pushing their yields higher, after five major central banks gave support to European lenders battered by fears that Greece would default on its debt.
The European Central Bank, the U.S. Federal Reserve and three other central banks said Thursday they would provide European banks unlimited amounts of dollar loans. That allayed fears that the banks might have trouble raising money due to their holdings of Greek government debt, which has lost value.
Thursday, the benchmark 10-year Treasury note fell $1.21 for every $100 invested. Its yield, which moves inversely to prices, rose to 2.08 percent from 1.99 percent.
The 30-year bond's yield was 3.36 percent, up from 3.27 percent late Wednesday. Its price fell $1.75.
The yield on the two-year note rose to 2.08 percent from 1.99 percent.
The three-month T-bill was flat at 0.01 percent. Its discount wasn't available.