Treasury yields steadied Friday amid signs that a Middle East ceasefire deal is now in sight.

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell more than 6 basis points to 4.510%.

Lower oil prices and expectations of reduced pressure on interest rates lifted bond markets, though fresh strikes near the Strait of Hormuz underscored the fragility of the…

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell more than 2 basis points to 4.465%.

Treasury yields edged higher on Thursday as investors monitored new economic data for insights into the inflation outlook.

Treasury yields steadied Friday amid signs that a Middle East ceasefire deal is now in sight.