The Library Media — Business & Markets · Markets Desk
By Beatrice Reynolds
Follow The Library Media
U.S. Treasury yields rose across most of the curve in Friday’s November 6 session, with the largest increases at the 1-year and 2-year maturities, both up 5 basis points. The verified pack does not establish a specific driver for that move; Monday begins with a light calendar in the pack and attention on the next primary-source releases and Treasury curve data.
The numbers
| Treasury maturity | Friday, Nov. 6 | Thursday, Nov. 5 | Change | Source |
|---|---|---|---|---|
| 1-month | 4.02% | 4.03% | -1 bp | U.S. Treasury / FRED |
| 3-month | 4.19% | 4.17% | +2 bps | U.S. Treasury / FRED |
| 1-year | 4.33% | 4.28% | +5 bps | U.S. Treasury / FRED |
| 2-year | 4.51% | 4.46% | +5 bps | U.S. Treasury / FRED |
| 5-year | 4.64% | 4.59% | +5 bps | U.S. Treasury / FRED |
| 10-year | 4.86% | 4.84% | +2 bps | U.S. Treasury / FRED |
| 30-year | 5.26% | 5.25% | +1 bp | U.S. Treasury / FRED |
Index closes are not included. Under the desk’s launch rule, no licensed source is yet available for republication, and no index levels are estimated or reconstructed here.
What moved, and why
1. The rise was broad, but not uniform. Six of the seven reported maturities finished Friday above their Thursday levels. The 1-month was the exception, easing 1 basis point to 4.02%.
2. The largest moves were in the short and intermediate curve. The 1-year, 2-year and 5-year yields each rose 5 basis points. The 10-year increased 2 basis points and the 30-year 1 basis point. The pack supports the movement; it does not supply a primary-source basis for assigning a specific cause to Friday’s changes.
3. The curve steepened on the supplied spread measure. The 10-year yield ended Friday at 4.86% and the 2-year at 4.51%, leaving a 10-year–2-year spread of 35 basis points. That spread is a measure of the curve’s shape, not a causal explanation for the day’s movement.
4. The week included lower levels at those two reference points. On Monday, November 2, the 10-year stood at 4.91% and the 2-year at 4.59%. By Friday, both were below those Monday levels, despite Friday’s increase from Thursday. The available figures therefore distinguish the day’s upward move from the week’s broader drift in those maturities.
5. The Federal Reserve record was unchanged over the weekend. The most recent Federal Reserve item in the verified pack is the November 5 termination of an enforcement action involving Allegiant United Holdings, LLC, Nano Financial Holdings, Inc., and Nano Banc. The standing monetary-policy backdrop remains the FOMC statement of October 28, 2026. The pack records no market-moving Federal Reserve release over the weekend.
Filings and earnings of note
There were no filings of note among the Markets Desk watchlist for the prior session: Apple, Microsoft, NVIDIA, Amazon, Alphabet, Meta, Broadcom, Berkshire Hathaway, JPMorgan, and Eli Lilly.
That is the complete watchlist result supplied by the verified pack. No substitute corporate item is added to fill the section.
The day ahead
The verified pack shows a light calendar for Monday, November 9, with no major scheduled releases included.
The next market record will therefore turn on data and releases that become available through the day. Any expectation about the direction of yields, the timing of a market response, or the significance of an event not listed in the pack remains expectation rather than an established fact.
The desk will continue to track the public-source record: Treasury curve data, SEC EDGAR filings, and Federal Reserve releases. Index levels remain outside this product until the desk has a licensed source for republication or the publication rule changes.
Beatrice’s read
My read: Friday’s curve was higher almost everywhere, but the 1-year through 5-year segment moved more than the long end. At 4.86% for the 10-year and 4.51% for the 2-year, the supplied 35-basis-point spread leaves the curve upward-sloping across those reference maturities. The more useful distinction in the numbers is temporal: Friday’s rise occurred while both the 10-year and 2-year remained below their November 2 levels.
Data: U.S. Treasury daily par yield curve; SEC EDGAR filings as linked; Federal Reserve releases as linked. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Beatrice Reynolds — Quantitative Analyst, Counsel & Capital, The Library Media.
From The Library — the estate of our family.