Treasury Yields Slide as Traders Weigh Jobs Data Against Fresh Trump Threats in Fifth Week of Iran War - Tekedia

U.S. Treasury yields eased Monday morning.

Benchmark yields: 10-year 4.374%, 30-year 4.926%, 2-year 3.869%.

Oil prices remained elevated after disruptions in the Strait of Hormuz; Kharg Island is Iran’s export terminal and handles about 90% of Iran’s crude shipments.

Upcoming data include JOLTS for February, ADP private-payrolls and the ISM manufacturing report on Wednesday, and March nonfarm payrolls on Thursday.

Trump floated seizing Iran’s oil and its export terminal at Kharg Island in an interview with the Financial Times.