The yield on U.S. Treasury bonds rose slightly, while the U.S. dollar weakened.

The yield on U.S. Treasury bonds rose slightly, while the U.S. dollar fell; progress in resolving the situation in the Middle East is minimal, but there is still hope. Paolo Broccardo, CEO of BankPro, said in a report, "Although signals are conflicting, with oil prices rising due to market concerns about supply interruptions, the broader macroeconomic impact still tends towards higher inflation risks." He said that this momentum has pushed up yields on U.S. Treasury bonds of all maturities, as the market continues to anticipate cautious monetary policy. "The latter may provide support for the U.S. dollar." According to data from Tradeweb, the yield on two-year U.S. Treasury bonds rose by 1.5 basis points to 3.791%, while the yield on 10-year U.S. Treasury bonds rose by 0.4 basis points to 4.314%. The DXY dollar index fell by 0.2% to 98.319.