2-year bond futures (TS) most-active contract down 0.01%, 5-year (TF) most-active contract unchanged, 10-year (T) most-active contract down 0.01%, 30-year (TL) most-active contract up 0.02%.

eToro analyst Lale Akoner says the U.S.-Iran war is pushing oil higher, raising inf risk and could keep interest rates elevated for longer, a negative backdrop for bonds and rate-sensitive sectors including property, utilities and expensive growth stocks. "Unless oil supply faces a more severe shock, the market's main focus will remain on oil prices, inf expectations and rate-sensitive asset classes."

Fed Chairman Kevin Warsh said the central bank will conduct deeper, more serious deliberations and reduce the frequency of public statements.