Treasury yields finished mostly higher on Friday, leaving long-term rates with their biggest weekly rise since October, after robust jobs data outweighed a weaker-than-expected report from the Institute for Supply Management.
What happened
The yield on the 2-year Treasury
BX:TMUBMUSD02Y
rose by less than 1 basis point to 4.389% from 4.382% on Thursday. Friday’s level was the highest since Dec. 19, based on 3 p.m. Eastern time figures from Dow Jones Market Data. For the week, the 2-year rate climbed 14.1 basis points.
The yield on the 10-year Treasury
BX:TMUBMUSD10Y
rose 5.1 basis points to 4.041% from 3.990% on Thursday.
The yield on the 30-year Treasury
BX:TMUBMUSD30Y
jumped 6.3 basis points to 4.199% from 4.136% on Thursday.
Ten- and 30-year rates ended Friday at their highest levels since Dec. 12. They respectively rose by 18.1 basis points and 17.9 basis points this week, the biggest weekly advances since the period that ended Oct. 20.
What drove markets Data released o …
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What happened
The yield on the 2-year Treasury
BX:TMUBMUSD02Y
rose by less than 1 basis point to 4.389% from 4.382% on Thursday. Friday’s level was the highest since Dec. 19, based on 3 p.m. Eastern time figures from Dow Jones Market Data. For the week, the 2-year rate climbed 14.1 basis points.
The yield on the 10-year Treasury
BX:TMUBMUSD10Y
rose 5.1 basis points to 4.041% from 3.990% on Thursday.
The yield on the 30-year Treasury
BX:TMUBMUSD30Y
jumped 6.3 basis points to 4.199% from 4.136% on Thursday.
Ten- and 30-year rates ended Friday at their highest levels since Dec. 12. They respectively rose by 18.1 basis points and 17.9 basis points this week, the biggest weekly advances since the period that ended Oct. 20.
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