Treasuries Hit by Second Week of Declines on Inflation Jitters

US Treasuries registered a second week of losses, with long bonds leading Friday’s slump as concerns about inflation re-emerged.

Yields have risen across the curve since the start of the month, with the benchmark 10-year’s up nearly 20 basis over that period to settle at 4.42% on Friday afternoon in New York. The 30-year yield jumped nine basis points in the session.