U.S.-Iran peace talks have stalled, lifting oil prices intraday and pushing U.S.
Treasury yields toward recent multi-year highs, though still slightly below
those peaks. Negotiators are urging Iran to make concessions on its nuclear
program to restart ceasefire talks; President Trump earlier rejected Iran's
ceasefire proposal. According to Tradeweb, the 2-year yield rose 4.4bps to
4.907%, the 10-year rose 2.8bps to 5.208% and the 30-year rose 1.7bps to 5.518%.