Treasury yields tick up as investors weigh oil surge, Iran tensions and looming Fed decision

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Treasury yields edged higher Tuesday as investors weighed escalating tensions in the Middle East and rising oil prices ahead of the Federal Reserve’s policy decision.

The benchmark 10-year Treasury yield was more than 2 basis points at 4.239%, while the 30-year Treasury bond added almost 3 basis points to yield 4.887%. The 2-year Treasury note yield was little changed at around 3.686%.

One basis point equals 0.01%, and yields and prices have an inverse relationship.

U.S. President Donald Trump said Monday that the U.S. has asked to delay his planned meeting with Chinese President Xi Jinping in Beijing by “a month or so” due to the ongoing war with Iran.

Treasury yields tick up as investors weigh oil surge, Iran tensions and looming Fed decision

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