Treasury Yields at Year’s High Lure Buyers, Snap Link to Oil

A Treasury market selloff stalled as investors, doubtful that the energy crisis will lead the Federal Reserve to raise interest rates, were drawn to the highest yield levels of the year.

Benchmark Treasury yields retreated on Friday after climbing to the highest levels since mid-2025. Two-year yields — most sensitive to the Fed’s policy changes — slid as much as nine basis points to 3.90% after erasing an increase to nearly 4.03%, the highest level since June.