Oil falls on Ukraine peace hopes, U.S. Treasury yields rise

  • S&P 500 loses earlier gains, Dow rises
  • Ukraine and Russia report rare progress at peace talks
  • Benchmark 10-year yields reach two-and-a-half year high
  • Oil prices fall to two-week low
  • U.S. dollar dips

New York, March 14 (Reuters) – Oil prices fell and European stocks rose on Monday as investors weighed positive comments from ceasefire talks between Russia and Ukraine, while U.S. Treasury yields hit two-and-a-half year highs on expectations of a first U.S. rate hike. NN: Hope springs eternal…. Especially for the hopeless