Bond yields rise as oil prices fuel inflation concerns
after close1 source ↓written by the desknot a recommendation
- and the 30-year
- 4.56%
- amid rising oil
- 5.07%
- per barrel
- $80
Bond yields surged on Wednesday, with the 10-year yield reaching 4.56% and the 30-year yield climbing to 5.07% amid rising oil prices. Brent crude crossed $80 per barrel as geopolitical tensions between the US and Iran escalated, prompting fears of tighter monetary policy from the Federal Reserve to combat inflation. Analysts suggest that while volatility persists, yields may ease later this year.
Not investment advice. For informational purposes only.