US Treasury yields retreated from near 5% after a US-Iran truce but remain elevated. Here's why high government borrowing costs still pressure markets.

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 4 basis points to 4.441%.

US Treasury yields retreated from near 5% after a US-Iran truce but remain elevated. Here's why high government borrowing costs still pressure markets.