US 10-year yield falls from 18-month high on Iran peace talk hopes

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U.S. Treasury yields saw a decline on Monday as oil prices plummeted. President Donald Trump's recent announcement about renewed discussions with Iran helped ease inflation concerns, pushing U.S. crude prices down to below eighty dollars per barrel. Consequently, the benchmark ten-year Treasury yield fell from an eighteen-month peak, and the two-year yield also saw a substantial drop.