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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Trump warns Tehran over activity at Pickaxe Mountain

Vantor satellite image shows tunnel construction activities and a large spoil pile near the Natanz nuclear complex at Pickaxe Mountain. Maxar | Maxar | Getty Images U.S. President Donald Trump has urged Iran “not to get cute” over activity at a suspected nuclear site on Pickaxe Mountain, following a barrage of attacks between both countries…

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Samsung tries to draw iPhone users to its foldables amid Apple entry

An attendee with a Samsung Galaxy Z Fold 8 smartphone at a Samsung Unpacked product launch event in London, UK, on Wednesday, July 22, 2026. Samsung Electronics Co. revamped its foldable phone lineup, introducing a new entertainment-focused model that will compete with Apple Inc.’s imminent entry into the market. Photographer: Chris Ratcliffe/Bloomberg via Getty Images Bloomberg | Bloomberg…

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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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