Treasury Yields Sink as Iran Peace Hopes Trigger Oil Selloff and Revive Fed Rate-Cut Expectations - Tekedia

U.S. Treasury yields fell as hopes of an Iran-U.S. deal eased fears of an energy shock.

Oil prices dropped sharply, with WTI and Brent sliding on reduced concern over disruptions in the Strait of Hormuz.

Lower crude prices may cool inflation, strengthening bets that the Federal Reserve could cut rates later this year.

Bond markets reacted as the 2-year, 10-year and 30-year Treasury yields moved lower amid shifting risk sentiment.