Traders work on the floor of the New York Stock Exchange on July 8, 2025 in New York City.
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of 10 year treasury Yields rose on Monday amid heightened tensions between the United States and Iran, making the outlook for a deal to end the conflict more uncertain.
The yield on the 10-year Treasury note, a key measure of mortgage, auto loan and credit card debt, rose less than 1 basis point to 4.459%. During the day, it rose to 4.518%.
yield of 2 years treasury The note, which often fluctuates in response to short-term Federal Reserve interest rate decisions, was up more than two basis points at 4.037%.
of 30 year bond Meanwhile, the yield fell by more than 1 basis point to 4.978%.
One basis point is equal to 0.01%, or 1/100th of 1%, and yield and price are inversely proportional to each other.
Borrowing costs increased as oil prices soared after Iran’s Tasnim news agency reported that Iranian negotiators were halting talks with the United States in the wake of Israel’s attack on Lebanon. The report also said that Iran would completely close the Strait of Hormuz.
This trend caused oil prices to rise on the first day of June. price of West Texas Intermediate Futures It soared 5.93% to close at $92.54 per barrel. brent crude oilThe benchmark international crude oil price rose 4.24% to end at $97.79 per barrel.
President Donald Trump doesn’t seem concerned about the possibility of peace talks with Iran collapsing, telling CNBC late Monday, “Honestly, I don’t care if the peace talks end.”
But late Monday, President Trump said in a post on Truth Social that “negotiations with the Islamic Republic of Iran continue at a rapid pace.”
In an earlier post, he said he had “a very fruitful phone call” with Israeli Prime Minister Benjamin Netanyahu, adding that “no troops will be sent to Beirut and those that were headed have already turned back.”
The United States and Iran exchanged airstrikes over the weekend. Overnight, the United States successfully intercepted two Iranian ballistic missiles aimed at U.S. forces based in Kuwait, according to U.S. Central Command.
Bond yields stabilized on Friday as traders ended the month focused on geopolitical developments as U.S. and Iranian negotiators agreed to a 60-day memorandum of understanding to extend the ceasefire.
Former Federal Reserve Chairman Jerome Powell also warned in a speech that the Trump administration’s move to push central banks toward lower interest rates risks undermining public confidence in the independence of central banks.
