US Treasury Yields Rebound Amid Persistent Inflation and Uncertainty

US Treasury yields have rebounded despite attempts to ease borrowing costs through increased bond buybacks.

The yield on the 10-year Treasury note ended the week at about 4.73%, while the 30-year yield stood near 5.27% according to market data from The Wall Street Journal.

The Treasury Department's decision to increase its purchases of outstanding long-dated government bonds in an attempt to steady the market briefly pushed yields lower, but the relief did not last.

Investors quickly returned their attention to the forces driving the sell-off: persistent inflation, heavy government borrowing, geopolitical risks and uncertainty over the Federal Reserve's future interest-rate path.