After moving sharply higher over the three previous sessions, treasuries showed a significant pullback during trading on Friday.
Bond prices came under pressure in early trading and remained firmly negative throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, jumped 9.5 basis points to 3.446 percent.
With the rebound on the day, the ten-year yield bounced back after ending the previous session at its lowest closing level in almost a month.
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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.