WASHINGTON -- Treasury securities gained across the board Friday as a wave of important economic reports convinced traders that the Federal Reserve would not tighten again until mid-November, market analysts said.

The yield curve flattened slightly as price gains on the short end outpaced the long end. The yield on three-month bills fell to 4.99% from 5.05% the previous day, and the six-month yield dropped to 5.48% from 5.53%.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.