Treasury yields move lower as investors look to jobs data
U.S. Treasury yields were lower on Friday as investors looked ahead to job data for the week and monitored the U.S.-Iran war, which entered its fifth week.
FrankLin
Traders work on the floor of the New York Stock Exchange during morning trading on March 25, 2026 in New York City.
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U.S. Treasury yields were lower early on Monday as investors looked ahead to key jobs data and monitored the U.S.-Iran war, which entered its fifth week.
The benchmark 10-year Treasury yield was down 8 basis points at 4.36%, while the 30-year Treasury bond shed more than 6 basis points to yield 4.917%. The 2-year Treasury yield was also lower by more than 6 basis points at 3.855%.
One basis point equals 0.01%, and yields move inversely to prices.
Investors are awaiting several employment reports during the holiday-shortened trading week. The market will be closed on Friday in observance of Good Friday.
The closely-watched Job Openings and Labor Turnover Survey (JOLTS) will be released at 10 a.m. ET on Tuesday, while the ADP Employment Survey is also due on Wednesday. The key nonfarm payrolls Report is slated for release on Friday morning.
"Looking at the week ahead, we should start to learn about the economic consequences of the conflict, as several data releases for March are out, which cover the period since the strikes began on February 28," Deutsche Bank analysts said in a note.
The ISM Manufacturing report on Wednesday will also show early indicators of inflationary pressures linked to the conflict and its impact on component costs, according to the Deutsche Bank analysts.
"Otherwise in the US, the focus will be on whether higher oil prices have started to impact business sentiment and inflation in a meaningful way," they added.
In the latest developments on the war in the Middle East, President Donald Trump said Monday that the U.S. is "in serious discussions with A NEW, AND MORE REASONABLE, REGIME to end our Military Operations in Iran." That said, if the Strait of Hormuz is not "immediately" reopened and a peace deal is not reached "shortly," the president threatened to "completely" obliterate the Middle Eastern country's energy infrastructure, including its oil wells as well as Kharg Island.
Trump had told the Financial Times on Sunday that he could "take the oil in Iran," and seize the country's export hub of Kharg Island. "Maybe we take Kharg Island, maybe we don't. We have a lot of options," he said.
