1546 ET - Friday data, including an in-line PCE inflation report and a better-than-expected consumer-confidence survey from the University of Michigan, did little to swing the Treasury market. Traders have been in a holding pattern ahead of the Fed's final 2025 meeting, where the dot plot will provide an updated look at how Fed officials anticipate steering interest rates in 2026. The calendar is quiet ahead of the Fed meeting, although Tuesday will bring a delayed September JOLTS release that could update investors' views on how well the labor market has held up. The benchmark 10-year yield rose 12 basis points this week to end at 4.138%, while the 2-year yield climbed by 7 bps and ended at 3.562%. (matt.grossman@wsj.com; @mattgrossman)
(END) Dow Jones Newswires
December 05, 2025 15:46 ET (20:46 GMT)
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