Treasury Yields Edge Down
2026-09-21 12:32
By
Joana Taborda
1 min. read
The yield on the US 10-year Treasury note fell 2bps to 4.97% on Monday, as traders started the new week with another decline in oil prices, amid hopes that diplomatic efforts could lead to a resolution to the conflict with Iran.
Oil prices have now fallen for four consecutive sessions, easing some concerns over renewed inflationary pressures.
Hopes of easing geopolitical tensions, supported by the summit between President Trump and President Xi as well as this week’s UN General Assembly, also helped improve investor sentiment.
Meanwhile, Chicago Fed President Goolsbee said he remains open to the possibility that inflation will resume its decline towards the 2% target, but warned that interest rates may need to rise if that fails to materialise.
Several other Fed officials are scheduled to speak this week, with markets closely watching their comments for further clues on the outlook for monetary policy.
Traders currently expect the Fed to deliver another 25bps rate hike this year.