Report: The yield on US Treasury bonds has decreased slightly due to the prospect of Middle East issues being resolved.

With the prospect of further peace talks between the United States and Iran, market sentiment has improved, oil prices have fallen, US Treasury yields have declined, in line with the general weakness of the US dollar. Abdelaziz Albogdady of FXEM said in a report, "The more moderate outlook for inflation directly affects the bond market, with long-term US Treasury yields declining and monetary policy expectations softening to some extent." According to data from the London Stock Exchange Group, investors currently expect the Federal Reserve to cut interest rates by about 12 basis points this year. Albogdady said, however, that interest rate forecasts continue to show a cautious overall outlook, with rates expected to remain unchanged for now. According to Tradeweb's data, the yield on two-year US Treasuries fell by 1.7 basis points to 3.763%, while the yield on 10-year US Treasuries fell by 1.4 basis points to 4.282%.