Treasury yields steady as traders await more inflation data
U.S. Treasurys steadied on Friday, as bond markets remained on edge after yields surged to multiyear highs during Thursday’s session. The 10-year U.S. Treasury note yield —the key benchmark for mortgage borrowing, auto loans and credit card debt — was flat in early trade at 4.9424%. The longer-dated 30-year Treasury bond yield, which is more sensitive to geopolitical risks,…
