U.S. Treasury yields followed oil prices lower on Monday as investors monitor signs of de-escalation in the Iran conflict.
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell almost 7 basis points to 4.676%.
The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, fell 5 basis points to 4.241%.
The longer-dated 30-year Treasury bond yield fell more than 4 basis points to 5.226%.
One basis point is equal to 0.01%, and yields and prices move in opposite directions.
U.S. Treasury yields followed oil prices lower on Monday as investors monitor signs of de-escalation in the Iran conflict.
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell almost 7 basis points to 4.676%.
The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, fell 5 basis points to 4.241%. The longer-dated 30-year Treasury bond yield fell more than 4 basis points to 5.226%.
One basis point is equal to 0.01%, and yields and prices move in opposite directions.
