Treasury yields declined on Tuesday as oil prices dropped significantly. This decrease followed reports of progress toward resolving the Iran conflict. Lower oil prices reduced inflation expectations and Fed rate hike forecasts. The two-year note yield reached its lowest point since late July. The benchmark ten-year yield settled at 4.62 percent.

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 1 basis point to 4.688%.

US Treasury yields fall as oil prices drop on Iran diplomacy hopes. Crude oil reaching a new all-time high by September 30 at 4% YES.

U.S. Treasury yields saw a decline on Monday as oil prices plummeted. President Donald Trump's recent announcement about renewed discussions with Iran helped ease inflation…

On Tuesday, US Treasury yields saw a decline following a sharp drop in oil prices. As optimism regarding a resolution to the Iran conflict grew, inflation worries lessened.…

On Tuesday, US Treasury yields saw a decline following a sharp drop in oil prices. As optimism regarding a resolution to the Iran conflict grew, inflation worries lessened.…