U.S. Treasury yields moved higher on Thursday as investors continued to digest the U.S.-Iran war. At 2:47 a.m. ET, the benchmark 10-year Treasury yield was up 4 basis points to 4.12%. The 30-year Treasury bond also added more than 4 basis points to yield 4.758%. The 2-year Treasury note was over 1 basis point higher, reaching 3.562%. One basis point is equal to 0.01%, and yields and prices move in opposite directions. U.S. Treasury Secretary Scott Bessent told CNBC's Squawk Box on Wednesday