0544 GMT - U.S. Treasury yields edge lower in line as oil prices decline slightly even as the Middle East conflict does not abate. Following the collapse of the U.S.-Iran Memorandum of Understanding for peace, "the conflict now largely revolves around control of the Strait of Hormuz," SEB's Maya Westerlund says in a note. However, the risk is a more prolonged stalemate, with continued uncertain energy flows, higher oil prices and recurring attacks, she says. The two-year Treasury yield falls 1.3 bps to 4.200%, while the 10-year yield declines 0.6 bps to 4.591%, according to Tradeweb. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
July 21, 2026 01:44 ET (05:44 GMT)
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