The easing of the Middle East conflict and the decline in crude oil prices have led to a decrease in US bond yields

As the US Iran peace talks continue and crude oil futures fall by 3%, US bond yields have decreased. According to a survey by The Wall Street Journal, pre-sale home sales in the United States, scheduled to be announced at 22:00 (UTC+8), are expected to increase by 1.6% in May and shrink by 6.2% in April. Despite the strengthening of the US dollar, yields continue to decline. Bannockburn analyst Marc Chandler stated that the exchange rate trend is influenced by the closing of short positions in the US dollar, while yields are driven by the resilience of the US economy.