Mumbai, June 1 -- Treasury yields were little changed on Friday as investors closely monitored Middle East developments on the final trading day of the month, amid signs that a lasting U.S.-Iran ceasefire agreement could now be in sight.

The 10-year U.S. Treasury note yield - the key benchmark for mortgages, auto loans and credit card debt - was down more than 1 basis point at 4.44%. The 2-year Treasury note yield which is typically more sensitive to short-term Federal Reserve interest rate decisions, also fell more than 1 basis point to 4.00%.

Meanwhile, the longer-dated 30-year Treasury bond yield which tends to react mainly to geopolitical risks, declined less than a basis point to 4.98%.

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