U.S. Treasuries had a mixed finish to the week, as 10s and shorter tenors recorded their fourth day of gains in a row while the long bond underperformed, finishing with a slim loss.
The 10-yr note and shorter tenors started the day with modest gains while the 30-yr bond underperformed from the open after a night that saw renewed volatility in global technology stocks.
The 10-yr yield settled at its lowest level in nearly eight weeks while the 2-yr yield ended at its lowest level in more than a week after closing at its highest level since February 2025 on Monday.
Crude oil fell below $70/bbl, giving up more than $6/bbl for the week
U.S. Dollar Index slipped 0.1% to 101.35, inching away from a 13-month high that was set on Wednesday.
Yields:
2-yr: -3 bps to 4.09% (-9 bps this week)
3-yr: -3 bps to 4.09% (-10 bps this week)
5-yr: -3 bps to 4.13% (-10 bps this week)
10-yr: -2 bps to 4.37% (-8 bps this week)
30-yr: +1 bp to 4.86% (-4 bps this week)