CNBC World5/28/2026Business2 min read
Treasury Yields Decline Amid Iran Ceasefire Optimism Despite Tensions
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- Treasury yields fell slightly as investor optimism for a potential US-Iran war settlement persisted despite ceasefire tensions, with the 10-year yield dropping to 4.481%.
- Oil prices declined on peace hopes, while global bond markets rallied.
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Treasury yields inched lower on Wednesday as investor optimism over a potential settlement to the war in Iran was undented by pressure on the fragile ceasefire between Washington and Tehran. [...] Global sovereign bond markets broadly rallied on Wednesday. U.K gilts extended a relief rally that began on Friday as investor concerns about domestic political developments began to ease. — CNBC's Sarah Min contributed reporting.
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This article was originally published by CNBC World.
