10-Year Treasury Yield Rises 1.1bps to 5.2378%, Down 3.28bps on Week

The weekly decline masks a sharp intraweek reversal from near a multi-decade peak, suggesting the yield spike ran into demand rather than building momentum. A 2-year yield still below the 10-year keeps the curve inverted, so the move is less about growth optimism than about how aggressively the long end has repriced. Whether the 10-year can hold below the recent high, or retests it, is the open question for duration-sensitive assets.