Yonhap Infomax NewsUS Treasury yields surge across the curve as Middle East conflict intensifies, with 10-year yields climbing 5.80 basis points to 4.393% amid renewed inflation concerns and rising rate hike expectations, while Brent crude tops $100 and markets price in 22.8% probability of Fed rate increase by year-end.
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US Treasuries Extend Losses as Middle East Turmoil Reignites Inflation Concerns
US Treasury yields surge across the curve as Middle East conflict intensifies, with 10-year yields climbing 5.80 basis points to 4.393% amid renewed inflation concerns and rising rate hike expectations, while Brent crude tops $100 and markets price in 22.8% probability of Fed rate increase by year-end.