US Treasury yields rose on Friday as persistent inflation fears weighed on the market. Investors are closely watching upcoming economic data releases for signals regarding the Federal Reserve’s future monetary policy decisions. The market is sensitive to any indications that inflationary pressures may be more persistent than initially anticipated.

Rising energy prices and strong employment figures have contributed to the concerns surrounding inflation. Some analysts believe that the Federal Reserve may need to maintain a tighter monetary policy stance for longer than previously expected to keep inflation under control. This expectation is driving yields higher across the Treasury curve.

The yield on the benchmark 10-year Treasury note climbed to its highest level in recent weeks. Market participants are also closely monitoring the spread between short-term and long-term Treasury yields as an indicator of potential economic slowdown.