Report: As the market remains cautious, US bond yields have slightly decreased, causing the US dollar to rise.

The yield on US Treasury bonds slightly decreased, while the US dollar edged slightly higher. Zaheer Anwari of The Revacy Fund stated in a report that US President Trump's announcement to postpone planned military strikes on Iran to allow for negotiations to continue improved market sentiment, but uncertainty still remains. "Lack of clarity around diplomatic progress, coupled with the risk of escalating tensions, continues to keep the market cautious," he said. The co-founder and CEO also mentioned that ongoing disruptions in the Strait of Hormuz may keep oil prices elevated, exacerbating inflation concerns and maintaining upward pressure on US Treasury bond yields. According to Tradeweb data, the yield on 10-year US Treasury bonds decreased by 1.2 basis points to 4.610%, while the yield on 30-year bonds slightly increased. The DXY US dollar index rose by 0.1% to 99.281.