Traders work at the New York Stock Exchange on Feb. 18, 2026.
NYSE
U.S. Treasury yields were little changed on Wednesday as investors monitored signals from the White House that talks to resolve the Middle East conflict will resume this week.
The yield on the 10-year U.S. Treasury note — the key benchmark for government borrowing — was up more than 1 basis point at 4.27%.
The 2-year Treasury note yield, which is more sensitive to short-term Federal Reserve interest rate decisions, rose 1 basis point to 3.761%. The longer-dated 30-year Treasury bond yield also climbed 1 basis point to 4.879%.
One basis point is equal to 0.01%, and yields and prices move in opposite directions.
Markets rallied on Tuesday following reports that a fresh round of negotiations between the U.S. and Iran could be held in Islamabad over the coming days. Investors also continued to probe economic data for signs of inflationary pressures caused by the conflict.
Treasury yields fell on Tuesday after the latest producer price index — a key gauge of pipeline costs for final demand goods and services in the U.S. — rose by 0.5% in March, according to data from the Bureau of Labor Statistics. That was markedly lower than the Dow Jones consensus estimate of 1.1% for the month.
The Mortgage Bankers Association’s latest average U.S. 30-year fixed mortgage rate is published later on Wednesday. The 30-year fixed rate with conforming loan balances fell to 6.51% for the week ending April 3, sliding from its seven-month high of 6.57% the previous week.
Other data releases expected later include monthly import and export prices for March.
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