Treasury yields declined on Tuesday as oil prices dropped significantly. This decrease followed reports of progress toward resolving the Iran conflict. Lower oil prices reduced inflation expectations and Fed rate hike forecasts. The two-year note yield reached its lowest point since late July. The benchmark ten-year yield settled at 4.62 percent.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.