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U.S. Treasury yields fell back after longer-dated auctions and a Treasury buyback. The 10-year yield declined 0.049 percentage point to 5.232%, and the 30-year declined 0.055 percentage point to 5.232% (value incomplete in text).
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
U.S. equities opened August with a broad-based relief rally Monday as crude oil tumbled and Treasury yields retreated from 18-month highs, after President Donald Trump called off a planned military strike on Iran over the weekend and said negotiations would resume. West Texas Intermediate crude sank 5.9% to $79.69 a ba