US Treasuries Head for First Weekly Gain Since November
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Data showed US core inflation at the slowest annual pace since early 2021.Benchmark US Treasuries are on track for their first weekly gain since November after unexpectedly cool inflation numbers and a jump in the jobless rate cemented expectations that the Federal Reserve will cut rates at least twice next year.The 10-year Treasury yield is set for a roughly four basis points weekly decline, while the policy-sensitive two-year yield has fallen further as markets price in a more dovish 2026 path.