Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
US Treasury yields fell as crude oil prices plunged nearly 8% after Washington suspended air strikes against Iran and Trump hinted at possible peace talks. The benchmark 10-year yield dropped 3.2 basis points to 4.647%, while US crude fell to $82.42 a barrel. Money markets now price in roughly a 38% chance of a July Fed rate hike, up sharply from 16% a week ago, with an 80% probability for a September hike.