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U.S. Treasury yields were little changed on Friday as investor optimism around a resolution to the Iran war remained firmly muted.
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was largely flat at 4.332%.
The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, was over 1 basis point higher at 3.842%. The longer-dated 30-year Treasury bond yield was also flat.
One basis point is equal to 0.01%, and yields and prices move in opposite directions.
