Treasuries Resume Decline as US Strikes Push Oil Prices Higher

Benchmark Treasuries fell for the first session in six as fresh US strikes in the Persian Gulf pushed oil prices higher and stoked inflation concerns. The move reflects a risk-off reaction to escalating geopolitics, with the energy shock raising the odds of firmer near-term price pressures and higher yields.

Analysis

Benchmark Treasuries fell for the first session in six as fresh US strikes in the Persian Gulf pushed oil prices higher and stoked inflation concerns. The move reflects a risk-off reaction to escalating geopolitics, with the energy shock raising the odds of firmer near-term price pressures and higher yields.