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2026-05-28 01:57:25
[US-Iran Deal Remains Uncertain, US Treasury Yields and Dollar Rebound] US Treasury yields and the dollar rebounded from early losses as a US-Iran deal remains elusive. Hopes for an imminent agreement led to overnight weakness in oil prices, but prices have since stabilized, with Brent crude at $95 a barrel and West Texas Intermediate crude at $89 a barrel. A batch of the latest US data to be released tomorrow could cause market volatility as investors assess the probability of a Federal Reserve rate hike. The dollar index rose 0.1%. The 10-year US Treasury yield rose to 4.485% from an earlier low of 4.447%. The 2-year US Treasury yield rose to 4.039% from 4.010%.
