US Treasury yields continue to slide as Middle East tensions escalate

Yields extended Thursday's declines after President Donald Trump's administration determined that Iran was responsible for attacks on two oil tankers in the Gulf of Oman. Tehran hasThe attacks on Norwegian and Japanese oil tankers early Thursday caused fears over trade disruptions in the Strait of Hormuz, heightening demand for Treasurys and other perceived safe haven assets and driving up oil prices.

Stronger-than-expected demand at Thursday's auction of 30-year Treasury bonds also buoyed Treasury prices. Retail sales data for May is due at 8:30 a.m. ET, with the latest industrial production figures to follow at 9:15 a.m. June's consumer sentiment data will be published at 10 a.m.Follow CNBC International on

Won't be long now ! ! Don't brace yourself American, it'll ALL work itself out ! ! :-)))

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U.S. has 'no interest' in new conflict in Middle East: militaryThe United States has no interest in engaging in a new conflict in the Middle Ea... Someone should tell Bolten and Pompeo. No interest my a** Well... But Israel does... XD
Source: Reuters - 🏆 2. / 97 Read more »

US Treasury yields tick lower as trade tensions continueU.S. government debt yields continued to fall Thursday morning after President Donald Trump declined to set a deadline on levying tariffs on another $325 billion of Chinese goods. Oh but China wants a deal, LMFOA, take a look at our fake futures market, so propped up, no crying after the crash, you know the risks Oh and we're not getting rate cuts! Stop the fake news CNBC, your reporting is trash, nothing but advertising So now we're setting oil tankers on fire to prop up the market now? SMH
Source: CNBC - 🏆 12. / 72 Read more »