People ride scooters past the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S. Photographer Erin Scott/Bloomberg
NEW YORK: Yields on U.S. Treasuries fell on Monday as Federal Reserve vice-chair Michelle Bowman unexpectedly signaled the first interest rate cut this year could come as soon as July.
Markets also saw Iran's response on Monday to U.S. attacks on its nuclear sites over the weekend as a sign that further escalation of the conflict is unlikely.
