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Treasury yields slide after Memorial Day break as traders weigh Iran peace prospects

CNBC · May 26, 2026, 9:19 AM · Also reported by 4 other sources

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  • Treasury yields fell on Tuesday as bond markets returned from a Memorial Day break to bolstered hopes of a Middle East peace deal, even as the U.S. military conducted fresh strikes on Iran.
  • Treasury note — the key benchmark for U.S. government borrowing — fell more than 6 basis points to 4.510%.

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Treasury yields fell on Tuesday as bond markets returned from a Memorial Day break to bolstered hopes of a Middle East peace deal, even as the U.S. military conducted fresh strikes on Iran.

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell more than 6 basis points to 4.510%.

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