Treasury yields slide as Iran deal drives rethink on Fed interest rate hikes
Israel
U.S. Treasury yields fell on Monday as the announcement of a preliminary peace agreement between Washington and Tehran shifted investor expectations for inflation and the outlook for interest rates. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 3 basis points to 4.447%. The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, was 4 basis points lower at 4.045%. The longer-dated 30-year
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