The 10-year U.S. Treasury yield fell by 11 basis points on Friday, as inflation expectations broke the earlier high volatility state of the 2-year U.S. Treasury yield this week

Wallstreetcn
2025.03.28 21:46

On Friday (March 28), at the New York close, the yield on the U.S. 10-year benchmark Treasury bond fell by 11.01 basis points to 4.2494%, roughly flat for the week, having fluctuated upward from Monday to Thursday, reaching 4.3984% on Thursday, before significantly giving back earlier gains on Friday. The yield on the 2-year U.S. Treasury bond fell by 7.80 basis points to 3.9119%, with a cumulative decline of 3.41 basis points for the week. As of Friday at 20:30 Beijing time, when the U.S. GDP and the PCE inflation data favored by the Federal Reserve were released, it was essentially "narrowly fluctuating at a high level"—having risen to 4.0556% on Tuesday, it significantly dropped after the inflation expectations were released on Friday, falling to 3.9016% after the U.S. stock market closed