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Trump cites Iran talks as Treasury yields spike

5/25/2026

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Story summary
  • U.S. President Donald Trump said Iran talks are in stage, moving Treasury yields.
  • 10-year Treasury yield rose to 4.69%, highest since Jan 2025, before falling to 4.56%.
  • House spokesman Kush Desai and Treasury Secretary Scott Bessent called the rise an energy shock.
  • Greg Faranello of AmeriVet Securities said staff worry about gasoline prices and borrowing costs.
  • John Kerschner of Janus Henderson warned rising rates could curb housing affordability before November midterms.