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U.S. bond yields declined significantly alongside a drop in global yields, following U.S. President Donald Trump's announcement of a ceasefire between Iran-backed Hezbollah and Israel, which boosted investor sentiment. The yields on 10-year Treasury bonds fell to 4.434%, two-year bonds to 4.018%, and 30-year bonds to 4.956%. European bond yields also declined by between 5 and 7 basis points amid uncertain prospects regarding Iranian-American talks and regional tensions.
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