Treasury Yields Reach Year’s Highs as Iran Stalemate Lifts Oil

Benchmark Treasury yields climbed to their highest levels this year as Treasuries fell, driven by a resumption of oil-price gains after the US war on Iran entered its fifth week. The rise in oil and bond yields has created a risk-off repricing across rates and commodity markets, increasing macro uncertainty for portfolios.

Analysis

Benchmark Treasury yields climbed to their highest levels this year as Treasuries fell, driven by a resumption of oil-price gains after the US war on Iran entered its fifth week. The rise in oil and bond yields has created a risk-off repricing across rates and commodity markets, increasing macro uncertainty for portfolios.