Yields on US Treasury bonds tumbled Wednesday after President Donald Trump said American negotiators were close to a potential peace accord with Iran.
“We’re in the final stages of Iran, we’ll see what happens,” Trump told reporters Wednesday. “We’ll either have a deal or we’re going to do some things that are a little bit nasty. But hopefully that won’t happen.”
The comments triggered pullback in the yield on the US 30-year Treasury bond, which fell to 5.12 percent after hitting a 19-year peak of 5.18 percent on Tuesday.
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