0851 ET - Demand for Treasurys picks up, sending yields lower, as details of the announced peace deal with Iran remain unclear and the first two-day Fed meeting with Warsh as chairman starts. Oil prices fall nearly 5% and the WSJ Dollar Index is flat. Import prices remain hot, rising 1.9% in May following April's revised 2% and surpassing WSJ consensus of 1.1%. Housing starts shrink 15.4%, versus consensus of a milder 2.4% decline. Building permits contract by 0.7%, compared to a negative 1.5% forecast. The 10-year yield is at 4.439%, down from 4.468% yesterday. The two-year slips to 4.047% from 4.063%. (paulo.trevisani@wsj.com; @ptrevisani)
(END) Dow Jones Newswires
June 16, 2026 08:51 ET (12:51 GMT)
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