U.S. Treasury yields steady as traders monitor Middle East de-escalation
Bogdan Hofbauer
U.S. Treasury yields were unmoved Friday as investors closely monitored events in the Middle East after Israel and Lebanon agreed to a 10-day ceasefire . The 10-year U.S. Treasury note yield — the key benchmark for U.S. government borrowing — held steady at 4.2994%. The 2-year Treasury note yield, which tends to react in line with short-term Federal Reserve interest rate decisions, was also flat at 3.7690% in early dealmaking. Meanwhile, the longer-dated 30-year Treasury bond yield was
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