After moving notably higher over the two previous sessions, treasuries pulled back sharply during trading on Friday.
Bond prices regained ground going into the close of trading but remained firmly negative. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 7 basis points to 3.949 percent.
The ten-year yield largely offset the two-day pullback but closed just shy of the three-month closing high set on Tuesday.
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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.