After moving sharply higher over the course of the previous session, treasuries gave back ground during trading on Friday.
Bond prices climbed off their worst levels after seeing early weakness but still closed in the red. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 4.3 basis points to 1.573 percent.
The rebound by the ten-year yield came after it ended Thursday's trading at its lowest closing level in over a month.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.