U.S. government bonds edged lower Friday after a report showed consumer sentiment was steady in May, exceeding forecasts that it would decline to start the month. The yield on the benchmark 10-year Treasury note settled at 2.971%, unchanged from Thursday’s close, but posted a weekly gain for the fifth time in six weeks. Yields rise as bond prices fall. On Friday, yields on three-year notes rose to 2.696% from 2.690%, and on five-year notes to 2.838% from 2.835%.

Source: Wall Street Journal May 11, 2018 15:18 UTC