U.S. President Donald Trump appears on screen during an interview with CNBC at the World Economic Forum (WEF) meeting in Davos, Switzerland, as traders work on the floor of the New York Stock Exchange (NYSE) in New York City, USA, on January 21, 2026.
Brendan McDiarmid | Reuters
Bond yields were mostly steady Friday morning as investors digested the latest Treasury bid and President Donald Trump’s pledge not to attack Iran until after the midterm elections.
yield of 10 years US Treasury Interest rates, a key benchmark for mortgages, auto loans and credit card debt, last rose less than 1 basis point to 5.612%.
long term yield 30 year US bond Although it tends to fluctuate depending on geopolitical events, it remained unchanged at 5.6150%.
yield of 2 year Treasury billwhich more closely follows the Fed’s short-term interest rate decisions, rose less than 2 basis points to 4.774%.
One basis point is equal to 0.01%, or 1/100th of 1%, and yield and price are inversely proportional to each other.
The move came as U.S. Treasury yields fell during pre-market trading and hit their highest level since 2002 earlier in the week.
President Trump struck a more diplomatic tone Thursday, saying the United States would not launch any attack against Iran before next month’s midterm elections, amid a clear decline in approval ratings for the Middle East war.
Energy prices, which had soared since the conflict erupted on February 28, fell in response to Trump’s comments. West Texas Intermediate Futures Last seen around 1% lower at around $90 per barrel. brent crude oilthe global price benchmark, fell more than 1% to about $102 per barrel.
Earlier, Federal Reserve Chairman Christopher Waller suggested further rate hikes may be needed to address stubborn inflation, which has exceeded the Fed’s 2% target for more than five years. But speaking at a Turkish central bank forum in Istanbul, Waller said rate increases may not be necessary immediately.
On Thursday, the Treasury Department sold $22 billion in 30-year bonds, with indirect bidders including central banks winning more than 72% of the winning bid, higher than the average of 68% over the past 10 bids. The department sold $39 billion in 10-year bonds on Wednesday.
No major economic data is expected to be released on Friday.
