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Treasury yields hold steady as US threatens expanded Iran sanctions

The US said its naval blockade of Iranian ports could continue indefinitely, leaving yields little changed into the end of the week.

Reported · Written up by our desk · Government Bonds

Treasury yields were relatively unchanged on Friday after the US signaled it could extend economic pressure on Iran by allowing its naval blockade of Iranian ports to continue indefinitely, CNBC Markets reported.

The announcement kept investors focused on the potential macro and trade-offs tied to sanctions risk, with yields moving only modestly as trading headed toward the close.

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