Treasuries Fall as Iran War Stokes Oil Gains, Risk Reduction

Treasuries fell amid mounting oil prices in the run-up to US President Donald Trump’s late-Tuesday deadline for Iran to agree to terms for ending American attacks.

The declines lifted yields by as much as five basis points, with long-maturity tenors rising most. Ten- and 30-year yields reached session highs against an array of conflicting signals about whether Trump’s threats of mass destruction are likely to come to pass.