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Market Impact: 0.7

US Bond Yields Extend Climb as Oil Advance Stokes Rate-Hike Bets

Source: Bloomberg

Interest Rates & YieldsMonetary PolicyEnergy Markets & PricesInflationInvestor Sentiment & Positioning

US Treasury yields reached fresh multiyear highs as oil prices continued to surge, reinforcing inflation concerns. Traders increased bets that the Federal Reserve will raise interest rates as soon as the following week, tightening financial conditions and pressuring rate-sensitive assets.

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