Treasuries are poised for their best week since early September after a volatile five days of trading dominated by Donald Trump’s victory in the presidential election.
US bonds rallied again on Friday as investors trimmed the huge run-up in rates that greeted Trump’s win. Yields on 30-year bonds, which bore the brunt of Wednesday’s losses amid fear the incoming administration’s policies will boost inflation, retreated to 4.5% — taking a drop over the past five days to 7 basis points.