U.S. Treasury yields fall as oil tumbles after Trump warns Iran over Hormuz flows
CNBC·2026-03-10 07:32

Group 1 - U.S. Treasury yields fell as oil prices dropped following President Trump's warning to Iran regarding oil shipments through the Strait of Hormuz [2][3] - The 10-year Treasury yield decreased by almost 2 basis points to 4.117%, while the 30-year Treasury bond yield fell slightly less than one basis point to 4.734% [1] - The International Energy Agency (IEA) discussed the potential release of emergency oil stocks during a meeting with G7 finance ministers to address supply disruptions caused by the conflict in the Middle East [5][6] Group 2 - G7 energy ministers are scheduled to meet to consider a coordinated release of strategic oil reserves, following positive discussions among finance ministers [4] - IEA member countries hold over 1.2 billion barrels of public emergency oil stocks, in addition to 600 million barrels of industry stocks under government obligation [6] - Investors are preparing for upcoming inflation data and job openings figures, which may impact market conditions [6]

U.S. Treasury yields fall as oil tumbles after Trump warns Iran over Hormuz flows - Reportify