Treasury revenues steady amid US Iran peace hopes
The yields on 10-year U.S. Treasury bonds remained steady at 4.471%, while the yields on 2-year bonds rose to 4.075%. Meanwhile, 30-year bonds increased to 4.965%. This comes amid mixed market reactions following reports of a potential understanding between the United States and Iran. Additionally, oil prices declined by more than 4%, and the prospects of reaching a peace agreement in the Middle East led to a drop in energy prices and international bond prices, with yields in the UK and Germany also falling.
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