NEW YORK -- A dismal batch of personal income and expenditure figures helped Treasurys reverse some of the previous session's steep price declines early Friday.
By midmorning, the two-year note was 3/32 higher, yielding 0.94%, and the 10-year note was up 17/32, yielding 3.44%. Yields move inversely to prices.
The government report showing the largest drop in consumer spending in almost a year comes just a day after a surprisingly strong reading on third-quarter growth in the U.S.
