US Treasury yields fell sharply after Trump signaled progress in Iran negotiations. The 10-year yield dropped 10 bps to 4.57%, with Bitcoin also rallying.

Trump says US-Iran negotiators are close to a deal built on a 14-point framework. Here's why crypto markets are reacting to Middle East de-escalation.

US Treasury yields fell sharply after Trump signaled progress in Iran negotiations. The 10-year yield dropped 10 bps to 4.57%, with Bitcoin also rallying.

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell more than 6 basis points to 4.510%.

US Treasury yields fell 6-9 basis points as traders bet on Iran peace deal progress. Oil dropped 6-8% while Bitcoin rallied toward $82K on improved risk appetite.