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US Treasury Yields Steady, 10-Year at 4.9424%, as Traders Await Inflation Data Amid Oil Price Pressure
US Treasury yields steadied on Friday, with the 10-year note yield flat at 4.9424% in early trade, after surging to multiyear highs during Thursday's session. The 30-year bond yield held at 5.3554%, and the 2-year note yield was largely unchanged at 4.5598%. Investors are awaiting the latest US consumer price data, due later Friday, for insights into the inflation backdrop, as oil prices remained above $100 a barrel.
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