Bond Report: 2-year Treasury yield posts biggest weekly jump in a month

Treasury yields fell Friday as simmering trade tensions buoyed demand for haven assets like long-dated bonds. The flight to quality kept a lid on yields for long-end debt for the week despite a six-year high in consumer prices.

On the other hand, the short-end of the bond market rose after senior Federal Reserve officials highlighted the positive growth outlook and the need to hike rates at the current pace.

What are Treasurys doing?

The 2-year note yield TMUBMUSD02Y, -0.62% sensitive to shifting expectations for Fed policy, fell 1.2 basis points to 2.582%, trimming its weeklong rise to 3.9 basis points.

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