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U.S. Treasury yields increase following Trump's remarks on ending the ceasefire
U.S. Treasury bond yields rose significantly following Trump's statements affirming the end of the ceasefire with Iran, as the yield on 10-year bonds jumped to 4.58%, the 2-year bonds to 4.22%, and the 30-year bonds to 5.08%. Additionally, the statements led to a surge in oil prices, with Brent and West Texas Intermediate crude contracts increasing by over 6% to approximately $78.73 and $74.93, respectively.
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