Bond.az -- U.S. Treasury yields declined on Friday as investors assessed developments in peace negotiations between the United States and Iran.
The benchmark 10-year Treasury note yield was down 3.4 basis points in morning trading at 4.552%. Earlier in the week, a selloff pushed yields to multi-month or multi-year highs, with the 10-year yield reaching its highest level since January 2025 on Tuesday.
The 30-year Treasury bond yield was down 3.6 basis points at 5.075%. On Tuesday, it briefly touched 5.197%, its highest level since July 2007.
Yields pulled back on Thursday following reports that Iran was reviewing a final proposal to end a conflict that has lasted approximately three months and driven up energy prices. Brent crude oil prices have declined since Thursday and were trading between $104 and $105 per barrel.
Rising energy prices have raised inflation concerns and increased expectations that the Federal Reserve will maintain its current monetary policy stance.
The two-year Treasury note yield was down roughly one basis point at 4.078%. The spread between two-year and 10-year Treasury note yields stood at 46.6 basis points.
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