Mumbai, May 11 -- Treasury yields edged lower Friday as investors looked past a solid April jobs report and focused instead on the prospects for peace in the Middle East that would further ease energy prices and dim inflationary pressure in the economy.

The 10-year Treasury yield - the benchmark for mortgage lending, auto loans and credit card debt fell more than 2 bps, reaching 4.36%.

The yield on the 2-year Treasury note which moves alongside expectations for short-term Federal Reserve interest rate policy slipped more than 2 bps to 3.89%. The longer-dated 30-year Treasury yield also shed more than 2 bps, falling to 4.94%.

Published by HT Digital Content Services with permission from Capital Market....