Treasury yields rise as oil gains and U.S.-Iran tensions fuel inflation fears

U.S. 30-year Treasury yields rose by over 1 bp to about 5.322%, trading just below the highest level since 2002. The move signals tighter financial conditions and a more hawkish rate outlook, which is likely to pressure long-duration rates and rate-sensitive assets.

Analysis

U.S. 30-year Treasury yields rose by over 1 bp to about 5.322%, trading just below the highest level since 2002. The move signals tighter financial conditions and a more hawkish rate outlook, which is likely to pressure long-duration rates and rate-sensitive assets.