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Treasury yields fall ahead of Fed meeting as Iran-US tensions ease
The report links the decline in yields to a partial rebound in Treasurys demand after a slump, alongside a sharp drop in oil prices.
U.S. Treasury yields moved lower ahead of the Federal Reserve meeting as demand for Treasurys partially recovered from a slump earlier last week, according to the WSJ Markets.
The yield drop coincided with a plunge in oil prices, which contributed to improving sentiment in the rates market.
WSJ Markets also pointed to a backdrop of reduced immediate risk as the U.S. and Iran hold fire, helping ease pressure on broader market expectations.
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