US Treasury yields fell sharply on Friday as investors sought safe-haven assets amid concerns about global economic growth and geopolitical risks.

Yield Curve Flattening

The yield on the benchmark 10-year Treasury note dropped to its lowest level in several weeks, while the 30-year bond yield also declined. This flattening of the yield curve is often seen as a signal of potential economic slowdown.

Factors Contributing to the Decline

• Global Economic Uncertainty: Concerns about the pace of global economic expansion, particularly in Europe and Asia, are fueling demand for US Treasuries.
• Geopolitical Risks: Rising tensions in various parts of the world are prompting investors to seek safer assets.
• Inflation Concerns: Weak inflation data in the US has dampened expectations for further interest rate hikes by the Federal Reserve.

Analysts suggest that the trend of falling Treasury yields may continue in the near term, as long as global uncertainty persists.