Extending the pullback seen in the previous session, treasuries showed a significant move to the downside during trading on Friday.
Bond prices moved notably lower in morning trading and remained firmly negative throughout the afternoon. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, jumped 8.7 basis points to 3.484 percent.
The ten-year yield added to the 2.2 basis points uptick seen on Thursday, climbing further off Wednesday's four-month closing low.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.