30-year Treasury<\/a> was up by close to 3 basis points to trade at 4.962%. <\/p>\nOne basis point is equal to 0.01%, and yields and prices move in opposite directions.<\/p>\n
In a Thursday evening Truth Social post, President Donald Trump said he would extend a pause on energy facility attacks by a further 10 days to allow time for talks on a peace deal. The suspension will now expire on April 6, Trump said, adding that “talks are ongoing and \u2026 they are going very well.”<\/p>\n
Oil prices continued to rise on Friday, with Brent crude futures gaining 1.4% to settle around $109.58 a barrel, while West Texas Intermediate futures rose by 0.8% to $95.21. <\/p>\n
In a Friday morning note, Deutsche Bank’s Jim Reid said a “kneejerk reaction” in oil markets after Trump’s post on Thursday had been fleeting, with Brent now trading “within touching distance of the level it was at before Trump’s post.”<\/p>\n
“While the delay might reduce some of the immediate escalation risk, it offers no new visibility on the path towards resolution, given Iran’s denials over talks, and while the Strait of Hormuz remains largely closed,” he said. <\/p>\n
Investors will also be monitoring the Michigan Consumer Sentiment final print for March, due to be released later today. <\/p>\n
Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Yields on U.S. Treasurys edged higher on Friday morning, as investors continued to monitor developments in the Iran…\n","protected":false},"author":2,"featured_media":38357,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[2075,206,135,38,147,202,34,3243,2144,3242,2145,825,16349,16348,3238,3237,3240,3241,16347,2076,3239],"class_list":{"0":"post-38356","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-iran","8":"tag-lco26k","9":"tag-bonds","10":"tag-business-news","11":"tag-donald-trump","12":"tag-economy","13":"tag-government-debt","14":"tag-iran","15":"tag-ishares-1-3-year-treasury-bond-etf","16":"tag-ishares-20-year-treasury-bond-etf","17":"tag-ishares-7-10-year-treasury-bond-etf","18":"tag-ishares-u-s-treasury-bond-etf","19":"tag-prices","20":"tag-spdr-bloomberg-1-3-month-t-bill-etf","21":"tag-spdr-portfolio-long-term-treasury-etf","22":"tag-treasury-bills","23":"tag-treasury-notes","24":"tag-u-s-10-year-treasury","25":"tag-u-s-2-year-treasury","26":"tag-u-s-30-year-treasury","27":"tag-u-s-economy","28":"tag-u-s-treasury-bonds"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116300344347078931","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/38356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=38356"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/38356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/38357"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=38356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=38356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=38356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}