10-Year Treasury Yield Edges Down on Friday
2026-04-17 11:47
By
Joana Taborda
1 min. read
The yield on the US 10-year Treasury note edged down to around 4.3% on Friday, as investors grew more optimistic that a deal between the US and Iran could be reached in the near term.
US President Trump said it is “looking very good” that an agreement is within reach, adding that talks may resume over the weekend.
He also claimed, without providing evidence, that Iran had agreed to terms it has previously resisted.
Geopolitical tensions showed tentative signs of easing, with Israel and Lebanon agreeing to a 10-day ceasefire.
However, the Strait of Hormuz remains largely closed, keeping oil prices elevated above $90 per barrel, roughly one-third higher since the conflict began in late February.
Against this backdrop, market expectations for monetary policy have shifted.
Traders now anticipate the Federal Reserve will hold interest rates steady through 2026, a notable change from earlier expectations of two rate cuts before the conflict escalated.