U.S. Treasury yields were little changed on Thursday as markets continued to assess geopolitical uncertainty and incoming economic data, while investors awaited further developments in stalled peace negotiations between Washington and Tehran.
The benchmark 10-year Treasury yield edged slightly lower to around 4.30%, while the 2-year note, which is more sensitive to Federal Reserve policy expectations, remained near 3.79%. The 30-year bond yield also held steady just below 4.90%, reflecting a broadly cautious tone across fixed-income markets.
Sentiment was shaped by renewed instability in the Middle East, including reports of maritime disruptions in the Strait of Hormuz that added to concerns over global supply routes and energy security. These developments have reinforced demand for safe-haven assets, helping keep yields contained despite ongoing macroeconomic resilience.
On the data front, U.S. economic indicators showed mixed signals. Flash PMI readings for April came in stronger than expected, pointing to solid business activity across manufacturing and services. Meanwhile, initial jobless claims rose slightly but remained consistent with a stable labor market, leaving investors with limited catalysts for a sharp move in rates.
