Treasury yields nudge higher as investors monitor geopolitical uncertainty

Geopolitical Risks - Geopolitical risks are currently influencing investor sentiment, particularly regarding U.S. claims over Greenland, which is viewed as vital for national security [2] - A recent meeting involving U.S., Greenland, and Danish officials ended in "fundamental disagreement" over the ownership of Greenland [2] U.S.-Iran Tensions - Investor concerns are heightened due to rising tensions between the U.S. and Iran, with speculation about a potential military strike in response to Iran's actions against protests [3] - President Trump indicated a possible delay in military action, citing reports of a reduction in violence in Iran [3] Federal Reserve Independence - An ongoing investigation into Federal Reserve Chairman Jerome Powell raises concerns about the Fed's independence and potential political influence on monetary policy [3] - Global central bankers have publicly defended Powell, emphasizing the importance of central bank independence for economic stability [4] Economic Data - Investors are awaiting the release of weekly initial jobless claims, which will provide further insights into the economic landscape [4]