Bonds gained on the shift away from stocks. The yield on the 10-year Treasury note dropped to 3.558 percent from 3.854 percent a week earlier and that on the 30-year bond declined to 4.406 percent from 4.603 percent. Bond yields and prices move in opposite directions.
In the coming week, the economic calendar is light with reports due on wholesale prices, and new and existing home sales. Earnings reports are due from tech giant Hewlett-Packard and home improvement retailer Home Depot.
RSS