US Treasury yields declined during Asian trading on March 25, with oil prices experiencing a slight pullback. Officials stated that the United States has conveyed a 15-point plan to Iran through intermediaries, aimed at ending the war. These proposals largely center on previously outlined demands in exchange for the lifting of sanctions on Iran. "Markets have reacted with relief to the peace prospects, which remain uncertain so far," noted Elisabet Kopelman of SEB in a report. Yields on US Treasuries across all maturities fell, with short-term yields declining more than long-term yields. Following a weak performance in Tuesday's auction of two-year notes, the US Treasury's auction of $70 billion in five-year notes will be closely watched. According to Tradeweb, the yield on the two-year US Treasury note fell 4.7 basis points to 3.888%; the 10-year Treasury yield dropped 3.6 basis points to 4.354%; and the 30-year Treasury yield decreased 1.8 basis points to 4.922%. (Sina Finance)
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