Treasury yields were rising, not falling, on Friday as the U.S. dollar and gold saw haven buying The U.S. Treasury market did something unusual on Friday after Israel's military launched wide-scale attacks against Iran with an aim to limit Tehran's nuclear-weapons capabilities. The benchmark 10-year Treasury yield BX:TMUBMUSD10Y was up 7 basis points to 4.43% on Friday, showing few signs of the more typical moves by investors to add exposure to the haven asset when geopolitical tensions flare up. "The world is losing confidence in the sovereign side of the U.S.," said Mohamed El-Erian, chief economic adviser at ... (full story)