U.S. Treasury Yields Fall After Preliminary U.S.-Iran Peace Deal as Israel-Hezbollah Clashes Continue
Yields on 10-year, 2-year and 30-year Treasuries declined Monday after President Trump announced a preliminary peace agreement with Iran. Oil prices also dropped following the reopening of the Strait of Hormuz.
U.S. Treasury yields fell on Monday after the announcement of a preliminary peace agreement between Washington and Tehran. S. 441%.
035%. 942%. " He also said he authorized the reopening of the key Strait of Hormuz passageway.
U.S. crude fell 5% in response to the announcement. Pakistan Prime Minister Shehbaz Sharif said an official signing ceremony would take place on Friday in Switzerland.
U.S. And Iran. Investors are watching for economic data on housing and retail sales this week. They will also closely monitor the Federal Reserve policy meeting, which has a more than 98% chance of ending with rates unchanged, according to CME's FedWatch tool.
"Given the recent uptick in inflation, we think Wednesday's Federal Reserve meeting itself in terms of any monetary policy changes will be a snoozer," said Michael Landsberg, chief investment officer at Landsberg Bennett private wealth management. 01%. Yields and prices move in opposite directions.
