US 10Y Yield Edges Higher

2026-03-05 03:39 By Jam Kaimo Samonte 1 min. read

The yield on the US 10-year Treasury note rose to around 4.11% on Thursday, marking a fourth consecutive session of gains as investors monitored developments in the US-Iran conflict following the sinking of an Iranian warship by a US submarine off the coast of Sri Lanka.

The broader US-Israeli campaign against Iran has now entered its sixth day, keeping markets cautious about further escalation and the risk of a prolonged conflict that could weigh on growth and drive inflation higher.

Meanwhile, a report from the New York Times indicated that Iranian operatives had offered to discuss terms for ending the conflict, though Tehran later denied the report.

Elsewhere, Treasury Secretary Scott Bessent said President Donald Trump’s recently announced 15% global tariff is expected to take effect later this week.

On the economic front, US services activity rose to a more than 3½-year high in February, while private-sector employment growth exceeded expectations.



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