Treasury yields little changed after Israel-Lebanon ceasefire announcement

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U.S. Treasury yields were little changed on Friday, one day after President Donald Trump announced that Israel and Lebanon extended their ceasefire agreement.

The yield on the 10-year U.S. Treasury note — the benchmark for mortgages, credit card debt and auto loans — was down more than 1 basis point at 4.31%.

The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, slipped less than 1 basis point to 3.821%. The longer-dated 30-year Treasury bond yield fell nearly two basis points to 4.902%.

One basis point equals 0.01%, and yields and prices move in opposite directions.

Treasury yields little changed after Israel-Lebanon ceasefire announcement

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