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.

Rising 10-year Treasury yields from 4% to 4.58% amid US-Iran conflict could add tens of billions to US interest payments, with ripple effects hitting crypto markets.

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.