Mumbai, July 13 -- Treasury yields were higher on Friday as investors monitored the latest developments in the Middle East, after a U.S. official said it would continue to hold technical talks with Iran despite a flare-up in hostilities.

The 10-year Treasury yield - the main benchmark for mortgages, auto loans and credit card debt - rose more than 2 bps to 4.56%.

The yield on the 2-year Treasury note which typically moves in line with short-term Federal Reserve interest rate decisions, gained more than 4 bps at 4.20%. The longer-dated 30-year Treasury yield was seen up less than 1 basis point at 5.06%.

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