Treasuries rallied late in New York trading after President Donald Trump indicated a potential end to the conflict with Iran, concluding a day of considerable volatility for global bond markets. Trump’s comments on Monday sent oil prices back below $US90 a barrel, alleviating concerns that rising energy prices would contribute to inflation. Yields on 10-year treasuries closed the session four basis points lower, around 4.09 per cent, after having spiked earlier to 4.21 per cent. [...]