Two-year Treasury yields fell 3 basis points on the day Waller turned dovish, bringing the weekly decline to nearly 8 basis points.

Late Friday in New York, the U.S. 10-year benchmark Treasury yield rose 2.94 basis points to 5.0728%, down 16.51 basis points for the week, trading in a range of 5.3272%-5.0351%. It spiked short-term on October 14 when the U.S. CPI inflation survey data was released, then fluctuated at lows on the 15th-16th. The 2-year Treasury yield fell 2.99 basis points to 4.7083%. During Fed Chair Warsh's dovish signal in Bangkok, Thailand, a short-term downward move occurred before 12:00 Beijing time, followed by a broad-based U-shaped reversal in early U.S. trading. It fell 7.87 basis points for the week, rising to 4.9499% on the CPI inflation data release day and falling to 4.6791% at the next day's U.S. market open.