Treasury yields pulled back somewhat following the pleasing import-export price data for January.
The 2-yr note yield was at 4.70% a short time ago, but sits at 4.66% now.
The 10-yr note yield, at 3.90% a short time ago, sits at 3.88%.
Import prices fell 0.2% in January following a revised 0.1% decrease in December (from +0.4%). Import prices, excluding oil, rose 0.3% in January after a 0.4% increase in December.
Export prices rose 0.8% in January after a revised 3.2% decline in December (from -2.6%). Export prices, excluding agriculture, fell 0.8% in January following a revised 3.3% decrease in December (from -2.7%).