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10-Year Treasury Yield Reaches Year High amid Oil Rise
Rising oil prices, inflation concerns, and expectations of sustained or higher interest rates have driven Treasury yields higher, with the 10-year US Treasury yield reaching 4.71%, its highest since January 2025. Renewed tensions with Iran have boosted oil prices, affecting the US bond market, which is also adjusting to changes in Federal Reserve leadership and policies. Stock markets declined amid higher yields, and concerns about global government deficits and inflation persist, prompting market caution.
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