Organization: US Treasury yields fell significantly as global volatility increased

After the United States and Iran reached a two-week ceasefire agreement, demand for US Treasury bonds surged, pushing yields to the lowest level in three weeks. Crude oil prices plummeted to below $100 per barrel, easing inflation concerns, and the futures market also reduced bets on the Federal Reserve raising interest rates. The Wall Street Journal US Dollar Index hit its lowest level in a month. However, Daniela Hathorn of Capital.com wrote, "the situation remains fragile" as it is not yet clear if "the agreement is politically sustainable, especially for Israel and the United States." She said, "Therefore, the market may see this as a pause rather than a solution." The 10-year Treasury yield was at 4.238%, lower than yesterday's 4.342%. The two-year Treasury yield decreased from 3.832% to 3.738%.