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Treasury yields slide as oil prices fall ahead of U.S.-Iran talks

Oil prices dropped after a report said Pakistan is exploring a way to restart peace talks between the U.S. and Iran.

Reported · Written up by our desk · Government Bonds

U.S. Treasury yields fell on Friday as oil prices declined, according to CNBC Markets.

The move followed a report that Pakistan is exploring a path to restart peace talks between the United States and Iran, which helped ease oil.

As crude fell, the yield decline reflected the day’s shifting market expectations for the inflation outlook tied to energy prices.

Latest closeWTI crude $92.23 ▲6.2%

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Sources

CNBC MarketsTreasury yields slide as oil prices fall amid hopes for new U.S.-Iran peace talks

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