Business · Markets · 2 days ago

US 10-year Treasury yield rises to 5.24% as oil prices climb

US 10-year Treasury yield rises to 5.24% as oil prices climb

US government bond prices fell as oil prices rose.

When bond prices fall, their yields go up, and the 10-year Treasury yield reached 5.24%.

Higher oil prices can raise the cost of goods and fuel, increasing concern about inflation.

That concern can make investors less willing to hold bonds.

Sources

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