US Treasuries Rally as 10-Year Yield Drops 7 Bps on Iran Deal Optimism
Updated
Updated · Bloomberg · May 26
US Treasuries Rally as 10-Year Yield Drops 7 Bps on Iran Deal Optimism
12 articles · Updated · Bloomberg · May 26
US government bonds rose across the curve as cash trading reopened after the holiday, pushing the 10-year Treasury yield down 7 basis points to 4.49%.
Trump's signals of progress in US-Iran negotiations drove the move, lifting investor expectations that a potential deal could ease geopolitical and oil-market risks.
The rally was broad: two-year yields fell 7 basis points to 4.05%, while 30-year yields dropped 5 basis points to 5.02%.
The move shows geopolitical headlines still steering rate markets, with easing Middle East tensions boosting demand for Treasuries.
Beyond falling yields, what are the hidden economic risks of President Trump's proposed deal with Iran?
After decades of hostility, could this deal finally break the cycle of conflict between the U.S. and Iran?