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U.S. Treasury bond yields remained largely stable during Wednesday's trading session, amid oil price fluctuations and investor anticipation of future monetary policy directions. The yield on the 10-year Treasury increased to 4.99%, the 2-year at 4.789%, and the 30-year at 5.324%. The session began with a decline following a drop in oil prices after talks between the United States and Iran canceled concerns about disruptions to Gulf supplies. However, the barrel price rebounded to exceed $100 for Brent crude, with the oil level remaining roughly a third higher than pre-war levels with Iran, fueling inflation worries. Investors are awaiting statements from Federal Reserve officials, especially after the recent interest rate hike, along with key economic data such as PMI figures and upcoming unemployment claims, to assess the aggressiveness of U.S. monetary policy.
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