Treasuries Rally as Traders Trim Fed Hike Bets After Iran Deal (opens original article in a new tab)

Treasuries rallied as traders trimmed Fed hike bets following an Iran deal, with yields dropping across the curve and Brent crude falling 4%.

• Treasuries rallied as traders reduced bets on Fed rate hikes after an Iran deal
• Yields dropped across all tenors with 2-year and 10-year notes falling 6 basis points
• Brent crude fell 4% easing inflation concerns