Treasuries gained late in New York trading after President Donald Trump signaled the war with Iran may end soon, capping a volatile day for global bond markets.
Trump’s comments on Monday afternoon sent oil back below $90 a barrel, easing concerns that rising energy prices would fuel inflation. Yields on 10-year Treasuries were ending the session lower by four basis points at around 4.09% after earlier spiking to 4.21%.
