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,…

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World’s biggest sovereign wealth fund plans to cut Treasury holdings

Nicolai Tangen, chief executive officer of Norges Bank Investment Management, at the Arendalsuka conference in Arendal, Norway, on Wednesday, Aug. 13, 2025. Carina Johenson | Bloomberg | Getty Images Norway’s sovereign wealth fund has proposed cutting the allocation of government bonds in its $2.3 trillion investment portfolio, chiefly affecting its holdings of U.S. Treasurys, as…

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Government bond sell-off may continue

Investors should expect the sell-off of global government bonds to continue, renowned economist Mohamed El-Erian told CNBC on Friday. “I don’t see any appetite in the U.S. for immediate fiscal consolidation. So I suspect we will continue to see upward pressures on yields,” he told CNBC’s Carolin Roth at the Ambrosetti Forum in Cernobbio, Italy….

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