After turning lower over the course of the course of the previous session, treasuries saw further downside during trading on Friday.
Bond prices came under pressure early in the session and remained firmly negative throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 7 basis points to 3.522 percent.
The weakness among treasuries came following the release of a slew of U.S. economic data, as traders look for clues about the outlook for interest rates.
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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.