Report published June 2, 2026
Fixed Income Weekly Primer: Treasury Rally Amid Persistent Inflation (June 2026)
Raymond James · June 2, 2026
Raymond James reports that Treasury yields fell last week on geopolitical optimism, despite Core PCE inflation rising to a higher-than-expected 3.8%. The market focus shifts to upcoming labor data to determine if the Fed will prioritize price stability over economic growth.
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Finvaulta summarizes Raymond James's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Key Takeaways
- 1.Treasury prices rose and yields fell significantly last week, with the 10-year yield dropping 12 basis points to 4.44%.
- 2.Inflation remains high and sticky, with Core PCE rising to 3.8%, exceeding both the prior month and expectations.
- 3.Fed focus may shift toward price stability and potential rate increases if upcoming job market data remains strong.
Table of Contents
- Fixed Income Weekly Primer
- Fixed Income Solutions
Report data
Fixed Income and Equity Market Yields/Prices
| Metric | Estimate | Context |
|---|---|---|
| Core PCE (YoY) | 3.8% | Fed's favored measure for inflation |
| 10-year Treasury Yield | 4.44% | Benchmarking yield curve movement |
| S&P 500 Index Value | 7580.06 index points | Weekly equity appreciation |
Reports in this series
Fixed Income Weekly Primer is shown in chronological order through this edition, published on June 2, 2026.
Part of the Fixed Income Weekly Primer series — view all 11 editions
Looking for the latest edition? tfi weekly primer (Oct 5, 2026)
- May 13tfi weekly primer
- May 19tfi weekly primer
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