10-Year yields reached 4.18% early in the session before pulling back to close at 4.11%. This move followed a much weaker than expected jobs report, resulting in a two bps decline for the session but a 20 bps gain for the week. Volatility moved higher ahead of the weekend, reaching multi-month highs as traders balanced geopolitical uncertainty with inflation expectations. Next week, the market will focus on inflation data via CPI and PCE, Durable Goods reports, and Treasury auctions for the 3-Year, 10-Year, and 30-Year. https://www.cmegroup.com/markets/interest-rates.html #Rates #Futures #Treasury