Treasury Yields Rise on Inflation Concerns

The prices of US Treasury bonds went down, making their yields go up to the highest levels in about two months.

This happened because oil prices went up, which makes people worry that prices for things might keep going up.

When prices go up a lot, the Federal Reserve might raise interest rates to control it.

The dollar also got stronger against other currencies.

Some people think the Fed might raise rates at their next meeting, but others think they might wait.

The bond market had been doing well after a recent report showed inflation wasn't as bad as expected, but now it's doing poorly again.

Oil prices are high because there's fighting between the US and Iran, and people are trying to make peace.

The economy is still doing okay, with some parts growing for the first time in a while.