Treasuries Gain on Week as Shutdown Leaves Market ‘Flying Blind’

Treasuries yields notched their biggest weekly declines in a month, as the US government shutdown delayed key economic reports and left investors questioning how the Federal Reserve will navigate its next moves.

Yields on two- and 10-year notes fell at least six basis points on the week. It was the biggest drop since early September, even after rates moved higher on Friday across tenors.