1550 ET - Treasury yields decline as President Trump's suspension of strikes against Iran gives some comfort to global markets. As a result, fed futures reduce bets on an interest rate increase this year. Some investors remain cautious. "Today's [news] has not changed my views which is general caution and neutrality," Natixis' John Briggs says. He adds that "a thin headline driven market with a large level of uncertainty is not the time to recommend investors to deploy capital." The 10-year yield drops 0.056 percentage point to 4.334%. The two-year falls 0.063 p.p. to 3.830%, its largest one-day decline in nearly a month. March U.S. services PMI is expected to soften slightly. (paulo.trevisani@wsj.com; @ptrevisani)
(END) Dow Jones Newswires
March 23, 2026 15:51 ET (19:51 GMT)
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