Treasury yields move lower as investors continue to monitor oil prices and look ahead to Fed interest rate decision

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U.S. Treasury yields moved lower to start the week as investors monitored oil prices amid the U.S.-Iran war and looked ahead to the Federal Reserve’s interest rate decision this week.

The benchmark 10-year Treasury yield was more than 3 basis points lower at 4.253%, while the 30-year Treasury bond shed less than 2 basis points to yield 4.889%. The 2-year Treasury note yield was down more than 4 basis points, reaching 3.692%.

One basis point is equal to 0.01%, and yields and prices move in opposite directions.

Investors are monitoring elevated oil prices as the war between the U.S. and Iran entered its third week. West Texas Intermediate

Treasury yields move lower as investors continue to monitor oil prices and look ahead to Fed interest rate decision

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