WASHINGTON -- Bonds slumped early Friday after a slightly weaker-than-expected September trade report was released, but by closing time the entire yield curve was little changed from the previous day. The long bond was down as much as 11 ticks by mid-morning after the Labor Department reported a $10.13 billion U.S. trade deficit in September. marginally higher than expectations.
By late Friday; however. the 30-year bond was quoted unchanged at a price of 92 2/32 and a yield of 8.12%; 10-year notes finished down three ticks at 98 31/32, with an 8% yield.