Treasury Yields Stable Amid High Oil Prices, Increased Fed Hold Bets
Treasury yields are largely unchanged, maintaining last week's elevated levels. Brent crude remains above $100 due to the U.S.-Iran standoff, while the probability of a Federal Reserve rate hold this month has risen to 81% from 78% on Friday. No significant economic data is scheduled for release today. The Treasury is set to auction three-year notes tomorrow.
Treasury yields are little changed from the elevated levels they finished at last week. -Iran standoff continues, while odds of a Fed hold this month have climbed to 81% from 78% on Friday. No major data releases are scheduled for today. The Treasury is set to auction three-year notes tomorrow, followed…