Treasury Yields Hit Two-Month High as Oil Sparks Inflation Risk
The US Treasury market fell, pushing 10- and 30-year yields to the highest levels in about two months, as a surge in crude oil prices stoked concern that inflationary pressures...
By Ye Xie and Cameron Fozi · Bloomberg Markets
The US Treasury market fell, pushing 10- and 30-year yields to the highest levels in about two months, as a surge in crude oil prices stoked concern that inflationary pressures will prompt the Federal Reserve to raise interest rates.