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U.S. bond yields climb after March lows

U.S. bond yields climb after March lows

U.S. Treasury bond yields rose slightly after a sharp decline in the previous session, ahead of the release of important economic data before the Federal Reserve's interest rate decision next week. The ten-year bonds, which are considered a benchmark for mortgage and loan costs, increased to 4.9779%, while the yield on two-year bonds went up to 4.6647%, and the long-term 30-year bonds' yield rose to 5.3007%. This followed a significant drop in yields on Thursday, as markets focused on purchasing managers' index data, inflation developments, and oil prices, which heightened economic concerns.

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