US 10Y Treasury yield ends at 4.7821%, up 1.41 bps Friday

The 10-year yield's intraday whipsaw around the payrolls release underscores how sensitive duration pricing is to labor data, with the weekly climb signaling persistent upward pressure. The 2-year's smaller weekly gain and N-shaped path suggest the front end is less convinced of sustained policy shifts, creating a curve dynamic worth monitoring. Whether the 10-year holds above 4.78% into next week's data flow is the key test for risk assets and rate-sensitive sectors.