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The Economic Times
The Economic Times
Business
Anupam Nagar

US Stock Market: Bond yields drop after Trump signals progress in Iran talks

Treasury yields declined across the curve on Tuesday as renewed optimism around a possible US-Iran agreement boosted demand for government bonds, Bloomberg.reported.

The yield on the benchmark 10-year US Treasury note fell five basis points to 4.51%, while the two-year yield dropped six basis points to 4.06%. The 30-year Treasury yield eased three basis points to 5.03%. US cash Treasury trading had remained shut on Monday due to a holiday.

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