NEW YORK (AP) - Treasury prices rose Friday as investors, anxiously awaiting next week's batch of bank earnings, took their money out of stocks and put it in less risky assets.

Though the Dow Jones industrial average fell more than 100 points after General Electric Co. posted a surprise decline in profit and lowered its forecast for the year, Treasury market trading was fairly light, with investors in wait-and-see mode.

'It's a dead, quiet Friday,' said David Ader, bond strategist at RBS Greenwich Capital in Greenwich, Conn. He said trading could get more volatile, however, as the market is girding for massive asset write-downs from banks in the coming week.

'Next week is a big deal,' Ader said.

JPMorgan Chase & Co., Merrill Lynch & Co. and Citigroup Inc. release their first-quarter earnings results next Wednesday, Thursday and Friday, respectively. Worse-than-expected data from these banks or indications that the credit markets remain dried up would likely draw investors out of stocks and into government securities.

The benchmark 10-year Treasury note rose 21/32 to 100 11/32 with a yield of 3.46 percent, down from 3.55 percent late Thursday, according to BGCantor Market Data. Prices and yields move in opposite directions.

The 30-year long bond rose 1 2/32 to 101 15/32, with a yield of 4.29 percent, down from 4.36 percent.

The 2-year note rose 5/32 to 100, with a yield of 1.74 percent, down from 1.85 percent.

Treasurys also got a boost after the Reuters/University of Michigan consumer sentiment survey plunged to a 26-year low, as Americans wrestle with high food and energy prices.

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