Treasuries Edge Higher on Haven Demand Amid Geopolitical Risks

The US Treasury Department in Washington.

Photographer: Aaron Schwartz/Bloomberg

Treasuries ticked higher in choppy trading, ending a two-day selloff, amid heightened geopolitical tensions and ongoing concerns about the outlook for inflation.

Yields were mixed, with the benchmark 10-year note falling to 4.07% and policy-sensitive two-year note yields marginally rising to 3.47%.