Treasury yields little changed as oil price oscillates

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U.S. Treasury yields remained nearly unchanged on Wednesday as oil prices fluctuated between gains and losses. The 10-year yield stood at 4.963%, the 2-year yield at 4.771% and the 30-year yield at 5.3%. Brent crude traded at $99.80 per barrel, up 0.5%, while WTI fell to $90.28. Prices declined following talks between U.S. and Iranian delegations at the UN, raising hopes of easing tensions in the Middle East. Investors are also analyzing remarks from Fed officials, which could indicate continued tight monetary policy.

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