US 10-Year Yield Holds Pullback
2026-06-15 16:43
By
Andre Joaquim
1 min. read
The yield on the 10-year US Treasury note held losses at the 4.46% level on Monday as the US and Iran agreed to a deal that softened inflationary risks in the US and global economy.
President Trump and Iranian authorities stated that concessions for an memorandum of understanding were agreed and will be signed on Friday, with reports indicating that energy exports through the Strait of Hormuz will be restored.
Pro-inflationary risks dropped as oil and fuel prices retreated further.
The Federal Reserve is due hold its rates unchanged on Wednesday following the FOMC's first meeting with Chairman Kevin Warsh, set to give signals on potential overhauls to the current monetary framework that he has criticized.
Rate traders continued to slightly favor one rate hike by the central bank this year.
Meanwhile, the BoJ is due to raise rates this week, as done by the ECB this month, although the BoE, SNB, Riksbank, and RBA are set to hold rates unchanged.