TREASURIES-US yields tick lower to start New Year's week

U.S. Treasury yields decreased at the start of the final week of 2025, with the 10-year yield at 4.123% and the 30-year yield at 4.808%. The yield curve gap between two- and 10-year notes is at 65.5 bps. Pending home sales rose 3.3% in November, indicating improving affordability. Market expectations for a Federal Reserve interest rate cut in January stand at 18.8%. Key economic data and speeches from Federal Open Market Committee members in January are anticipated to influence future rate decisions.