Treasury yields end with fourth week of advances amid fiscal concerns


Play all audios:

Loading...

Yields on U.S. government debt finished on Friday with a fourth straight weekly advance, the longest such streak in months, as traders focused on worries over the fiscal outlook. The 10-year


yield rose 7.1 basis points this week to 4.508%. Over the past four weeks, it has jumped by a total of 24.1 basis points. Meanwhile, the 30-year yield rose 14.1 basis points this week to


5.036%. Over the past four weeks, it has advanced by a total of 29.8 basis points. Those are the longest stretches of weekly advances, respectively, since the seven-week period that ended on


Nov. 1 and the five-week period that ended on Jan. 10.