SINGAPORE/LONDON—U.S. Treasury yields held near multiyear highs on Friday, with markets seeing no let-up in tightening from the Federal Reserve, causing shares to slip and the dollar to stay strong, particularly against the embattled Japanese yen.
The benchmark U.S. 10-year yield edged up as high as 4.276 percent, its highest level since June 2008, having risen nearly 10 basis points overnight.
