US-Iran talks stall, US Treasury yields climb

Odaily News: As US-Iran peace talks stall, oil prices rose during the day and US Treasury yields climbed, currently near recent multi-year highs but still slightly below that level. Peace negotiation representatives are urging Iran to make concessions on its nuclear program to push for the resumption of ceasefire talks with the United States.

Previously, US President Trump rejected Iran's proposed ceasefire plan. According to Tradeweb data, the US two-year Treasury yield rose 4.4 basis points to 4.907%; the 10-year Treasury yield rose 2.8 basis points to 5.208%; the 30-year Treasury yield rose 1.7 basis points to 5.518%. (Jinshi)