Bond Market Update
Updated: 06-Apr-26 13:24 ET
Rebound Meets Resistance
Rebound Meets Resistance
- U.S. Treasuries have retreated from session highs over the past 30 minutes, returning the 5-yr note to unchanged for the day while longer tenors continue holding slim gains, though their yields remain above Thursday's closing levels. The recent backtracking followed a quiet morning that saw the market range near highs. President Trump is delivering a press conference at this time, where he repeated the threat to attack Iran's critical infrastructure if there is no progress by tomorrow night.
- Yield Check:
- 2-yr: +2 bps to 3.85% (+5 bps from Thursday's settlement)
- 3-yr: +2 bps to 3.88% (+3 bps from Thursday's settlement)
- 5-yr: UNCH at 3.99% (+4 bps from Thursday's settlement)
- 10-yr: -1 bp to 4.34% (+3 bps from Thursday's settlement)
- 30-yr: -2 bps to 4.90% (+1 bp from Thursday's settlement)
