Treasury yields hold steady after multiyear highs as investors await inflation report

The short version

• U.S. government bond yields remained flat early Friday after jumping to multiyear highs during the prior session.[CNBC]
• The 10-year Treasury yield stood near 4.94%, while the 30-year bond held around 5.36% and the 2-year note lingered at 4.56%.[CNBC]
• Energy pressures grew as domestic crude surpassed $100 per barrel amid geopolitical conflict in the Middle East.[CNBC]
• Traders are awaiting imminent consumer price index figures to assess future interest rate moves by the Federal Reserve.[CNBC]

Key facts

• U.S. Treasury yields held steady on Friday following a run-up to multiyear highs during Thursday's trading session.[CNBC]
• The benchmark 10-year U.S. Treasury note yield remained flat in early trade at 4.9424%.[CNBC]
• The 30-year Treasury bond yield held steady at 5.3554%, and the 2-year note yield was largely unchanged at 4.5598%.[CNBC]
• U.S. crude oil prices crossed $100 per barrel due to escalating tensions across the Middle East.[CNBC]
• The U.S. Treasury Department repurchased roughly $5.2 billion of off-the-run 10- and 20-year notes on Thursday.[CNBC]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.

• Treasury yields steady as traders await consumer inflation data amid oil price pressureCNBC