U.S. Treasury Yields Record Weekly Rise

U.S. Treasury bond yields rose on Friday and finished the week higher, after data showed a rise in inflation.

The benchmark 10-year Treasury note yield rose by up 8.6 basis points over the course of the weekm and recorded its biggest rise since March 19.

The 30-year Treasury bond yield increase by 14.2 basis points, the highest since January 8.

Meanwhile, the return on the two-year note leveled up for the fourth consecutive week, by 1.4 basis points, reaching its highest level since early April 2020.