Masaki Kondo

Quando a Venezuela entrou em default e as negociações praticamente pararam, a maioria dos investidores abandonou o mercado. Tina Vandersteel comprou mais.

(Bloomberg) -- Treasuries rose as investors reacted to oil price declines after US President Donald Trump said peace negotiations with Iran were proceeding, even as tensions in the Middle East remain high.

Treasuries rose across the curve after a holiday, as optimism over a potential US-Iran deal pushed oil prices lower and eased inflation concerns.

Benchmark Treasuries retreated for the first session in six as fresh US strikes in the Persian Gulf spurred a rally in oil prices and fueled concern over faster inflation.

US 10-year yields are poised to snap their longest streak of declines in six months, advancing one basis point to 4.49% due to waning optimism that a peace deal may soon be reached to the end the war between the US and Iran. Swaps imply around an 80% chance the Federal Reserve under new chair Kevin Warsh will deliver a quarter-point interest-rate hike by year-end, while the Bloomberg Dollar Spot Index climbed 0.1% in a third straight day of gains.

Options traders are ramping up hedges against sharp yen swings over the next two weeks, positioning for the Bank of Japan’s policy meeting and the possibility of currency intervention by authorities seeking to support the yen.

Demand for New Zealand’s 2031 government bonds surged to a record at auction after the government unexpectedly cut its projected borrowing needs for the coming years.

Emerging-market bond investors expecting a broad rally from any US-Iran peace deal may be in for a disappointment, as money managers see sticky inflation and fiscal concerns keeping long-term yields elevated.

Proxies for Japanese pension funds bought a record amount of overseas bonds last month, adding to signs of robust demand for foreign debt even as local yields climbed.

Bank trust accounts bought a net ¥3.16 trillion ($19.7 billion) in May, preliminary figures from the Finance Ministry showed on Monday. That was the highest in data going back to 2005.