At a time of sharp oil price decline, US bond yields fell, and the US dollar rose.

This week, the easing of geopolitical tensions has led to a nearly 10% drop in oil prices, during which time US bond yields have fallen and the US dollar has strengthened. Mixed US economic indicators and declining inflation expectations have dragged down yields. The University of Michigan's Consumer Confidence Index rose slightly higher than expected to 49.5. A survey by The Wall Street Journal shows that the Consumer Confidence Index of the World's Largest Companies Research Institute is expected to rise from 93.1 to 94.6. The June employment figures are expected to drop from 172,000 to 118,000. The Wall Street Journal US Dollar Index fell by 0.6% this week. The 10-year US Treasury yield has dropped for the third consecutive week, down 0.078 percentage points to 4.372%; the two-year US Treasury yield dropped by 0.090 percentage points to 4.087%.