Treasury Yields Fall as U.S.-Iran Hostilities Take a Break -- Market Talk

0859 ET - Treasury yields drop from recent highs as Fed week starts with a pause in hostilities between the U.S. and Iran. Oil prices fall sharply while the WSJ Dollar Index slips less than 0.1%. June durable goods orders rise 0.3%, missing WSJ consensus of a 2.1% increase. The Fed is expected to remain on hold Wednesday, but uncertainty is higher than usual. Futures markets price 34% odds of a rate increase, according to CME. The 10-year yield is at 4.647%, down from Friday's 4.678% settle. The two-year drops to 4.320% from 4.328%. (paulo.trevisani@wsj.com; @ptrevisani)

(END) Dow Jones Newswires

July 27, 2026 08:59 ET (12:59 GMT)