U.S. Treasury Yields Mostly Decline in Asian Trade
Dow Jones
Sep 09
0542 GMT - The two-year U.S. Treasury yield edges up, while longer-dated yields decline slightly in Asian trade, shrugging off a rise in oil prices and further military escalation between the U.S. and Iran. The U.S. destroyed five Iranian oil tankers on Tuesday in response to fresh attempts by Tehran to strike U.S. warships in the Middle East in recent days, according to U.S. Central Command. Brent oil is trading 1.1% higher at $99.04 per barrel. The two-year Treasury yield is up 0.2 basis points at 4.399%, while the 10-year yield falls 1.4 basis points to 4.789%, and the 30-year yield falls 2.5 basis points to 5.240%, according to Tradeweb.
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