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Treasury Yields Pause After Sharp Sell-Off As Oil Tops $100

The benchmark 10-year Treasury yield was little changed near 4.94%, while the 30-year yield held around 5.36%

,   and  TIPP Staff
2 min read
Photo by Giorgio Trovato / Unsplash

The U.S. Treasury yields were largely steady Friday as investors assessed elevated bond-market pressure and awaited fresh consumer inflation data, according to the report.

The benchmark 10-year Treasury yield was little changed near 4.94%, while the 30-year yield held around 5.36%. The 2-year yield, which is particularly sensitive to Federal Reserve policy expectations, remained near 4.56%.

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The pause followed a sharp sell-off Thursday, when the 10-year yield climbed 11 basis points and briefly reached 4.954%, its highest level since October 2023. The report said U.S. oil prices also moved above $100 a barrel amid escalating Middle East tensions, adding to inflation concerns.

The Treasury Department also repurchased about $5.2 billion of older 10- and 20-year notes, roughly half the amount offered.

Investors are now focused on consumer price data ahead of next week’s Federal Reserve meeting. Oil remained elevated Friday, with WTI around $101 and Brent near $106 a barrel.

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