U.S. stock futures fell on Friday following Thursday’s sharp sell-off. Futures of the major benchmark indices were lower.

Tehran, however, reportedly rejected a 15-point U.S. proposal conveyed through Pakistan, with a senior Iranian official telling Reuters that senior officials and a representative of the supreme leader found it served only American and Israeli interests.

Meanwhile, the 10-year Treasury bond yielded 4.45%, and the two-year bond was at 4.00%. The CME Group’s FedWatch tool’s projections show markets pricing a 93.8% likelihood of the Federal Reserve leaving the current interest rates unchanged in its April meeting.

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