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US Treasury yields fall as Strait of Hormuz deal prospects ease geopolitical risks

Market News
05 Aug 2026
CNBC
View Source
Neutral
US Treasury yields fall as Strait of Hormuz deal prospects ease geopolitical risks

Yields on U.S. Treasury securities declined as investors reacted to news of a potential deal to reopen the Strait of Hormuz for commercial shipping, easing geopolitical tensions. The 10-year Treasury yield dropped to 4.6086%, and the 30-year yield fell to 5.1617%, while the 2-year yield rose slightly to 4.2061%. The easing of tensions also caused oil prices to fall sharply before a modest rebound. Investors are now focused on upcoming U.S. economic data, including July's non-farm payrolls and services PMI, to assess the impact on inflation and the Federal Reserve's interest rate decisions.

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OPEC+ holds oil output steady for October amid Iran war disruptions

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