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US Treasury Rally Fades as Rush for Haven Assets Starts to Wane
![US Treasury Rally Fades as Rush for Haven Assets Starts to Wane 1 social markets.e062a0c0](https://misrsat.com/wp-content/uploads/2024/04/social-markets.e062a0c0-780x470.jpg)
Treasuries pared their biggest rally of the year as demand for haven assets waned on hopes the conflict between Israel and Iran would not spiral into a wider conflict.
The yield on 10-year US government bonds was trading just five basis points lower at 4.59% after a senior Iranian official said the nation has no plans to strike Israel back immediately, according to Reuters.