Gallagher said despite signs of a Fed pause, "the outlook for rate hikes for another two months implies pressure for further flattening or inversion."
Bonds were mixed for the week. The yield on the 10-year US Treasury bond eased to 4.379 percent from 4.395 percent a week earlier and that on the 30-year bond to rose to 4.565 percent from 4.547 percent. Bond yields and prices move in opposite directions.
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