U.S. Treasury bonds prices got a walloping Friday, wilting in the face of technically driven selling in a climate where investors are sour on bonds.

At 5 p.m. EDT, the 10-year Treasury note was down $3.75 per $1,000 in face value, or 12/32 point, from its level at 5 p.m. Thursday. Its yield, which moves in the opposite direction, rose to 4.80 percent from 4.76 percent.

The 30-year bond fell 21/32 point. Its yield fell to 4.80 percent from 4.92 percent.

The 2-year note fell 2/32 point. Its yield rose to 4.82 percent from 4.79 percent. Read more

Original post by The Associated Press