Following the moderate rebound seen in the previous session, treasuries showed a substantial move back to the downside during trading on Friday.Bond prices plummeted early in the session and saw continued weakness throughout the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, soared 13.4 basis points to 4.595 percent.The ten-year yield more than offs...
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Market Analysis
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.