US Treasuries Post First Weekly Advance Since Late November
Data showed US core inflation at the slowest annual pace since early 2021.
Photographer: Adam Gray/BloombergUS Treasuries wrapped up the first weekly gain since the end of November after unexpectedly cool inflation numbers and a jump in the jobless rate cemented expectations that the Federal Reserve will cut rates at least twice next year.
While yields edged up on Friday, the 10-year Treasury rate declined four basis points in the week, while the policy-sensitive two-year yield fell by a similar amount as markets priced in a more dovish 2026 path.