Treasury Yields Fall for 2nd Session

2026-06-24 12:53 By Joana Taborda 1 min. read

The yield on the US 10-year Treasury note fell for a 2nd consecutive session to 4.45% on Wednesday as easing tensions in the Middle East helped drive oil prices lower and alleviated concerns about inflationary pressures.

Brent retreated to levels seen before the US-Iran conflict amid signs of improving tanker transit through the Strait of Hormuz.

Adding to the positive sentiment, President Trump said in a Truth Social post that Iran had informed the US that no tolls, insurance fees, or other charges would be imposed on vessels passing through the strategic waterway.

Investors are now turning their attention to the upcoming PCE inflation report, the Fed's preferred measure of inflation, for further clues on the outlook for prices and monetary policy.

Meanwhile, the Fed's hawkish tone last week has led markets to increase expectations for interest-rate hikes this year.

Traders currently assign a roughly 68% probability that rates will be increased in September, up from 29% a week ago.



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Treasury Yields Fall for 2nd Session
The yield on the US 10-year Treasury note fell for a 2nd consecutive session to 4.45% on Wednesday as easing tensions in the Middle East helped drive oil prices lower and alleviated concerns about inflationary pressures. Brent retreated to levels seen before the US-Iran conflict amid signs of improving tanker transit through the Strait of Hormuz. Adding to the positive sentiment, President Trump said in a Truth Social post that Iran had informed the US that no tolls, insurance fees, or other charges would be imposed on vessels passing through the strategic waterway. Investors are now turning their attention to the upcoming PCE inflation report, the Fed's preferred measure of inflation, for further clues on the outlook for prices and monetary policy. Meanwhile, the Fed's hawkish tone last week has led markets to increase expectations for interest-rate hikes this year. Traders currently assign a roughly 68% probability that rates will be increased in September, up from 29% a week ago.
2026-06-24
Treasury Yields Edge Down
The yield on the US 10-year Treasury note eased to around 4.49% as investors reacted to signs that a US–Iran agreement may be moving closer to a durable resolution. At the same time, a flight to safety triggered by a sell-off in tech stocks provided additional support for the bond market. The US and Iran agreed on a roadmap toward a peace deal within 60 days, while the US issued a 60-day license allowing Tehran to sell oil on international markets. As a result, oil prices have declined, offering some relief on inflation pressures, although price growth remains elevated. The upcoming PCE inflation report, the Fed’s preferred gauge, will be closely watched this week. A hawkish tone from the Fed last week has prompted investors to increase bets on further rate hikes this year. Markets are currently pricing the probability of a rate increase in September at around 68%, up from 29% last week.
2026-06-23
US 10-Year Treasury Yield Holds Steady
The yield on the US 10-year Treasury note hovered around 4.5% on Tuesday after climbing in the previous session, as investors monitored US-Iran peace talks while continuing to gauge the outlook for Federal Reserve interest rate hikes this year. In a key development, Washington granted Tehran a 60-day license to sell oil on international markets, boosting expectations of a faster recovery in global supply. Meanwhile, markets remain positioned for tighter monetary policy after the Fed struck a hawkish tone last week and raised its inflation projections. Both Deutsche Bank and BofA Global Research have revised their forecasts to include a rate hike in September. Investors are now looking ahead to this week’s PCE report, which contains the Fed’s preferred inflation measure and is expected to provide fresh clues about underlying price pressures.
2026-06-23