The 10-year Treasury yield was flat as oil prices tumbled after Trump warned that Iran would be hit harder if it tried to halt Strait of Hormuz shipments.
Trump's answered questions about the U.S.-Israel-led war in Iran at a press conference — his first since the attacks began — held as oil and gas prices soar.
President Donald Trump called surging oil costs a "very small price to pay." Group of 7 leaders are set to convene on Monday to assess the economic fallout.