Treasury market recap: 2-year, 5-year, and 10-year yields climbed as oil shock and inflation fears outweighed weak jobs data U.S. Treasury yields rose across the curve this past week, with the 2-year, 5-year, and 10-year all finishing above Monday’s levels by Friday, March 6. Using the U.S. Treasury’s daily par yield curve data, the 2-year rose from 3.47% to 3.56%, the 5-year rose from 3.62% to 3.72%, and the 10-year rose from 4.05% to 4.15% over the week. The move was broad-based, with the long end also rising as the 30-year climbed from 4.70% to 4.77%. The key story was…

Table 1 — Major US Equity Indices (% Change This Week) IndexWeek StartWeek End% ChangeS&P 5004,3344,318-0.4%Nasdaq Composite14,12313,999-0.9%Dow Jones Industrial Avg34,81734,360-1.3%Russell 20001,9251,900-1.3% Notes: Tech weakness early and risk-off sentiment mid-week pressured broad U.S. stocks. Nvidia’s earnings lifted sentiment on Wednesday before a risk pullback late in the week. Table 2 — Major Non-US Equity Indices (% Change This Week) IndexWeek StartWeek End% ChangeNikkei 225 (Japan)31,83232,089+0.8%Hang Seng (Hong Kong)20,41220,618+1.0%FTSE 100 (UK)8,0168,070+0.7%DAX (Germany)15,76815,821+0.3%CAC 40 (France)7,8997,930+0.4% Notes: European and Asian markets held up better than U.S. indices, supported by easing growth concerns and rotation into cyclicals mid-week. Table 3 — Major Currencies (% Change…

Treasury market recap: 2-, 5-, and 10-year yields fell as policy risk and geopolitics met mixed inflation signals U.S. Treasury yields moved lower across the curve this past week, with the biggest moves concentrated in the intermediate maturities that tend to reflect both growth expectations and the expected path of Federal Reserve policy. By Friday’s close (February 27, 2026), the 2-year, 5-year, and 10-year all finished below where they started on Monday (February 23, 2026), even as inflation headlines stayed noisy. Using the U.S. Treasury’s constant maturity (par yield curve) data, the 2-year yield fell from 3.43% on Feb. 23…