Long-term Treasury prices declined Friday on a stronger-than-expected Philadelphia Fed report and the market's realization that the exit of Ross Perot from the presidential race does not guarantee President Bush's reelection.

Late Friday afternoon, the 30-year bond as 3/4 point lower to yield 7.67%.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.