U.S. Treasury Bond Yields Decline for the Week

Return on the U.S. Treasury bonds declined on Friday, as the personal consumption indicators showed another surge in inflation.

The rising inflation is increasing investors’ demand for safe haven assets, like the Treasury bonds, even though most expectations lean towards inflationary pressures being temporary.

The benchmark 10-year Treasury bond yield decreased today by about 2.9 basis points, to extend its decline on the weekly level to 3.7 basis points and to 4 basis points for the month of May in the second consecutive monthly decline.

For the week, the 30-year Treasury bond yield fell by 6.1 basis points, while the two-year notes yield registered a 1.2-basis-point decrease.