U.S. Treasury Yields Decline but Manage Large Weekly Rise

U.S. Treasury bond yields declined on Friday, but still managed to register its biggest increase in two months.

The benchmark 10-year Treasury bond yield reached 1.297% on Friday, down from 1.366% on Thursday, recording its highest weekly increase since June 25.

Similarly, the two-year note return settled at 0.215% compared with 0.227% a day earlier.

The 30-year bond yield reached 1.948%, down from 2.013%, with the biggest weekly increase since late May.