Treasuries Rally as Oil Tumbles on Mideast Peace Deal Optimism

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000War With Iran:The US Treasury building in Washington.Treasuries jumped, sending yields to their lowest levels in a month, as oil prices tumbled on optimism a Middle East peace deal is within reach.Benchmark yields fell seven to nine basis points across maturities and traders boosted expectations the Federal Reserve will cut interest rates this year.
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