Treasury yields stabilize as markets eye potential U.S.-Iran ceasefire deal
By
Hugh Leask
2d ago· 2 min readenNews
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Summary
Treasury yields held steady on Friday as investors monitored Middle East developments, with signs that a U.S.-Iran ceasefire agreement could be near. The 10-year Treasury note yield remained at 4.4551%, the 2-year yield was flat at 4.0308%, and the 30-year bond yield was also unchanged. Markets were reacting to geopolitical developments on the final trading day of the month.
Key quotes
· 3 pulledThe 10-year U.S. Treasury note yield — the key benchmark for mortgages, auto loans and credit card debt — was unmoved at 4.4551%.
The 2-year Treasury note yield, which is typically more sensitive to short-term Federal Reserve interest rate decisions, was also flat at 4.0308%.
Treasury yields were little changed on Friday as investors closely monitored Middle East developments on the final trading day of the month.
Treasury yields steadied Friday amid signs that a Middle East ceasefire deal is now in sight.
