Mumbai, June 15 -- U.S. Treasury yields edged higher on Friday after falling sharply the previous session, while oil prices fell, as traders monitored the prospect of a resolution to the Middle East war.

The 10-year Treasury note yield - the main benchmark for mortgages, auto loans and credit card debt - was up more than 1 basis point at 4.48%.

The yield on the 2-year Treasury note which typically moves in line with short-term Federal Reserve interest rate decisions, rose more than 1 basis point to 4.08%. The 30-year Treasury yield which tends to track geopolitical events, advanced 2 bps to 4.97%.

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