Story perspectives
Oil-Driven Inflation Fears Push Yields Higher, 10-Year Up
By Drooid · · How we work
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Story summary
- U.S. Treasury yields edged higher as oil prices rose and inflation fears returned.
- The 10-year Treasury note yield rose over 3 basis points to 5.219%.
- The 30-year Treasury bond yield increased 2 basis points to 5.529%.
- The 2-year Treasury note yield climbed more than 5 basis points to 4.916%.
- Higher oil prices and inflation concerns revived pressure on global government bonds.
