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TREASURIES-US yields pare gains after inflation data

ReutersJun 27, 2025 12:49 PM

- U.S. Treasury yields came off their highs on Friday after data showed consumer spending declined unexpectedly in May even though inflation remained tepid, as markets started pricing in a quicker pace of Federal Reserve easing this year.

U.S. 10-year yields were last little changed at 4.255% US10YT=RR, compared with 4.269% before the data. On the front end of the curve, two-year yields were at 3.739% US2YT=RR, up 2.5 basis points, from 3.754% just before.

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