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US Treasurys mixed as investors eye health-care vote

Symbol
Yield
 
Change
%Change
US 3-MO
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US 1-YR
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US 2-YR
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US 5-YR
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US 10-YR
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US 30-YR
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U.S. government debt prices were flat on Friday as investors awaited a vote on the Republican-led health-care bill.

President Donald Trump warned the Republican members of the House that he will leave Obamacare unchanged if they do not approve the current health-care proposal.

The yield on the benchmark 10-year Treasury notes, which moves inversely to price, was higher around 2.398 percent, while the yield on the 30-year Treasury bond held near 3.002 percent.

Delays in passing domestic legislation, including health care, are seen as likely to push back any new fiscal stimulus, which investors had anticipated would boost growth and possibly spur a
quicker pace of interest-rate hikes.

On the data front, durable goods orders rose 1.7 percent in February, above the expected increase of 1.2 percent. The IHS Markit manufacturing PMI, meanwhile, hit a five-month low of 53.4.

In oil markets, Brent crude traded at around $50.90 a barrel on Friday, down 0.67 percent, while U.S. crude was around $48.01 a barrel, up 0.65 percent.

Correction: This story was revised to delete incorrect references that Janet Yellen was expected to discuss the Federal Reserve's decision on interest rates on Friday.

—Reuters contributed to this report.