The US Treasury bond yield and the US dollar are rising due to hopes for peace weakening.
A wave of optimism in the global market is receding as Tehran denies direct talks with the United States and Iran launches new attacks on its Gulf neighbors, weakening hopes for a quick resolution. US Treasury bond yields are slightly higher, while the dollar is strengthening and oil prices are rising. The average forecast of The Wall Street Journal shows that the US manufacturing purchasing managers index is expected to rise slightly in March, while the service sector survey may decline. The 10-year Treasury bond yield is at 4.386%, higher than yesterday's close of 4.334%. The two-year Treasury bond yield has risen from 3.830% to 3.897%. The Wall Street Journal dollar index is up 0.3%.
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