The US Treasury market experienced a late rally, driving the yield on 10-year notes lower for a sixth consecutive week as traders sought safer investments amid declining stock and oil prices. Yields fell across maturities on Friday following weaker-than-expected economic data and a rise in consumers’ long-term inflation expectations, which reached their highest level since 1995. The yield on 10-year notes dropped by as much as 10 basis points during afternoon trading, reflecting losses in equities. n n— news from Bloomberg
