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US Treasury yields edge up on inflation and oil
U.S. Treasury bond yields experienced a slight increase after a sharp decline, with the 10-year bond yield reaching 4.9779%, and the two-year bond yield rising to 4.6647%. The 30-year bond yield stood at 5.3007%. This came amid increased demand for safe-haven bonds due to inflation concerns, rising oil prices, and tensions in the Middle East—especially following new attacks on energy facilities that caused oil prices to jump more than 1%, amid expectations of possible renewed strikes on Iran. Markets are closely watching the Federal Reserve's decisions and upcoming economic releases to gauge the direction of growth and inflation in the United States.
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