finance
Treasury Yields Decline After Week of Bond Market Volatility
U.S. Treasury yields fell on Friday following a week of volatility that pushed borrowing costs to multi-year highs. The 10-year note yield dropped more than 2 basis points to 4.564%.
May 22, 5:04 AM·1m read1 source
finance.yahoo.comAudio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.
U.S. Treasury yields fell on Friday after a week of volatility that saw borrowing costs rise to multi-year highs. S. 564%. 086%. 01%, and yields move in opposite directions from prices. 19% earlier this week, reaching its highest level since 2007, before easing on Thursday.
Iran have signaled progress in talks to end the war, but the combatants remain at loggerheads over Tehran's enriched uranium stockpile and tolls on the Strait of Hormuz. U.S. Secretary of State Marco Rubio on Thursday said there were "good signs" that an agreement to end the conflict is in sight, but warned any such deal would be "unfeasible" if Iran pursues measures to permanently control shipping through the Strait of Hormuz.
"No one in the world is in favor of a tolling system. It can't happen [and] it would be unacceptable," Rubio told reporters in Miami, Florida.
During a ceremony on Friday, President Donald Trump is expected to swear in Kevin Warsh as Federal Reserve chair, a White House official told CNBC. The move will end a process that started in the summer of 2025 and culminated last week with the Senate confirming Warsh in a nearly total party-line vote.
