{"id":100316,"date":"2026-05-06T09:44:12","date_gmt":"2026-05-06T09:44:12","guid":{"rendered":"https:\/\/www.europesays.com\/iran\/100316\/"},"modified":"2026-05-06T09:44:12","modified_gmt":"2026-05-06T09:44:12","slug":"treasury-yields-tumble-on-report-of-u-s-iran-peace-plan","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/iran\/100316\/","title":{"rendered":"Treasury yields tumble on report of U.S.-Iran peace plan"},"content":{"rendered":"

U.S. Treasury yields fell sharply early Wednesday as hopes of a meaningful de-escalation in the two-month-long war in the Middle East sent energy prices lower.<\/p>\n

Yields on 10-year U.S. Treasurys<\/a> \u2014 the benchmark for government borrowing \u2014 moved 6 basis points lower to 4.0075%.<\/p>\n

Shorter- and longer-dated yields also ticked lower in the early hours. The yield on the 2-year Treasury<\/a> note, which more closely tracks short-term Federal Reserve rate moves, was down more than 6 basis points, reaching 3.8779% by 5:05 a.m. E.T. \u00a0The 30-year Treasury<\/a> yield, meanwhile, dropped 5 basis points to 4.9286%.<\/p>\n

One basis point equals 0.01%, or 1\/100th of 1%, and yields and prices move inversely to one another.<\/p>\n

The slide in borrowing costs came as President Donald Trump said that ‘Project Freedom’<\/a> \u2014 the U.S. military effort to help “guide” commercial vessels through the Strait of Hormuz chokepoint \u2014 had been paused.<\/p>\n

Optimism was further boosted after Axios reported that the U.S. and Iran were close to agreeing on a one-page agreement to end the war. A spokesperson for Iran’s foreign ministry told CNBC that Tehran is “evaluating” a 14-article peace proposal from the U.S.<\/p>\n

Energy prices fell<\/a> below $100 a barrel in early trade, with West Texas Intermediate futures<\/a> plunging 6% to $95.57.<\/p>\n

In a Truth Social post<\/a>, the President said that “Great Progress has been made toward a Complete and Final Agreement with Representatives of Iran.”<\/p>\n

Elsewhere, traders will be monitoring economic data releases later, including the Mortgage Bankers’ Association’s latest weekly average 30-year mortgage rate, and private sector job numbers from payrolls processing firm ADP.<\/p>\n

The average 30-year fixed-rate increased from 6.35% to 6.37% in the week ended April 24, chiming with a slight uptick in Treasury yields. <\/p>\n

On Tuesday, the Bureau of Statistics’ latest monthly Job Openings and Labor Turnover Survey (JOLTS) for March showed new positions dropped 6.87 million in March.<\/p>\n

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"U.S. Treasury yields fell sharply early Wednesday as hopes of a meaningful de-escalation in the two-month-long war in…\n","protected":false},"author":2,"featured_media":100317,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[206,208,135,38,203,147,202,34,3240,3241,16347,2076,51,699],"class_list":{"0":"post-100316","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-iran","8":"tag-bonds","9":"tag-breaking-news-economy","10":"tag-business-news","11":"tag-donald-trump","12":"tag-economic-events","13":"tag-economy","14":"tag-government-debt","15":"tag-iran","16":"tag-u-s-10-year-treasury","17":"tag-u-s-2-year-treasury","18":"tag-u-s-30-year-treasury","19":"tag-u-s-economy","20":"tag-united-states","21":"tag-wti-crude-sep25"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116526990162266644","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/100316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=100316"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/100316\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/100317"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=100316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=100316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=100316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}