U.S. 10-Year Yields Post Biggest Weekly Decline Since Nov

Treasury 10-year yields posted their biggest weekly drop since November as efforts to trim the European Union budget added to concern the region’s economy will struggle to expand, boosting demand for safer assets.

U.S. debt was little changed after gaining earlier today as German exports grew less than forecast in December, a report showed. Treasuries declined briefly after a report showed the U.S. trade deficit narrowed more than forecast in December, which may indicate the economy expanded last quarter.