US long-term bond yields fall as bond sell-off eases

Comparative news is that as bond sell-offs ease, US long-term bond yields have declined. The 30-year yield fell back from 5.284% to 5.19%, and the 10-year yield fell from 4.706% to 4.62%.

The confrontation in the Strait of Hormuz continued, and oil prices remained around $90, heightening concerns about inflation.

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