Bond Investors Brace for Selloff as Trump’s Iran Deadline Nears

Bond investors who’ve seen losses on US Treasuries mount amid the unfolding war in the Middle East are positioning for even more declines as President Donald Trump’s deadline looms for Iran to agree a ceasefire deal.

Trump threatened devastating strikes on critical infrastructure in Iran if Tehran doesn’t reopen the Strait of Hormuz by 8 p.m. Eastern time Tuesday. While last-minute attempts at a diplomatic truce were still continuing late in the New York session, Trump’s aggressive rhetoric has put markets on edge and left US Treasury yields at the higher end of their recent range.