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U.S. bond yields hit 2-month high

U.S. bond yields hit 2-month high

U.S. Treasury bond yields rose to their highest level in two months, with ten-year yields reaching 4.64%, amid escalating concerns over rising inflation due to higher oil prices. This occurred alongside expectations of tightening monetary policy by the Federal Reserve and interest rate hikes before the end of the year, as well as trade tensions following the United States' imposition of tariffs on Canada. Government debt instruments also saw increases in yields for two-year and thirty-year maturities, reflecting growing inflationary pressures and divergent financial conditions across markets.

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