The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell more than 2 basis points to 4.465%.

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%.