Treasurys ease on stronger economic data; Greek debt crisis fuels volatile trade

Treasury prices lose ground in bumpy trading

CHARLOTTE, N.C. — Interest rates are edging higher in the bond market as positive jobs data raises expectations about the U.S. economy.

Stock prices are fluctuating sharply Friday, a day after the Dow Jones industrials briefly lost nearly 1,000 points. Markets remain highly volatile as Greece’s debt crisis continues to unfold. The Dow was off 110 points in afternoon trading.

The yield on the 10-year Treasury note rose to 3.44 percent in afternoon trading Friday from 3.40 percent from late Thursday. That yield is a widely used benchmark for consumer loans including mortgages.