US bond yields tumble below 4.7% as oil prices plunge

InfoQuest··Read original
3▲0 ▼4Impact / 5
Summary · why it matters

The yield on the 10-year US Treasury note fell below 4.7% today, driven by a sharp drop in oil prices. As of 8:00 p.m. Thailand time, the 10-year yield stood at 4.680%, while the 30-year yield was at 5.219%. Brent crude oil slipped below $84 per barrel and WTI crude fell below $80 after President Donald Trump announced the cancellation of planned strikes on Iran, easing investor concerns over the situation in the Middle East.

Impact on assets 4

Others▼ · 2 stocks
⛏Crude Oil WTI Futures
WTI
▼ NegativeGeopoliticsrelevance

Cancellation of strikes on Iran reduces supply disruption risk, lowering oil prices.

Others▼ · 2 stocks