US Treasury Yields Fall Amidst Unemployment Rate and Inflation Data
AI Summary1 min read
TL;DR
US Treasury yields fell as unemployment rose to a four-year high and core inflation slowed, reinforcing expectations for future interest rate cuts.
US Treasuries rose for the first time since November, despite yields edging up on Friday. The 10-year Treasury rate declined four basis points in the week, while the two-year yield fell by a similar amount, as markets priced in a more dovish 2026 path. The US unemployment rate hit a four-year high and core inflation came in at the slowest annual pace since early 2021, cementing expectations for further rate cuts.
