Treasury yields steady as investors monitor inflation data, U.S. strikes in Iran

Treasury yields were unmoved in early Thursday trade after the latest inflation print showed prices in the U.S. moved higher at the fastest pace since 2023, while investors monitored developments in the Middle East conflict. Yields on the 10-year Treasury note — the main benchmark for mortgages, auto loans and credit card debt — held steady at 4.5384%. The yield on the 2-year Treasury note, which is more sensitive to short-term Federal Reserve interest rate decisions, was also flat at 4.1288%. …