Bond Report: Treasury yields end lower for the week as global trade tensions spur haven demand

Treasury yields held their ground on Friday after a week that saw the traditional haven boosted by anxieties centered on trade clashes between the U.S. and major trading partners such as China and the European Union.

Investors scooping up U.S. government paper to take shelter from turmoil in global stocks have anchored bond yields, giving a modest lift to prices. Financial markets are grappling with fears that tariff disputes could—if they erupt into a full-blown trade war—prove a major headwind for the global economy.

What are Treasurys doing?

The 10-year Treasury note yield TMUBMUSD10Y, -0.16% was up by 0.4 basis point to 2.902%, trimming its weeklong decline to 2.4 basis points.

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