The yield on US 10-year Treasury bonds rose above 5%, the first time since October 2023. Soaring oil prices exacerbated concerns about inflation, and the yield on the US benchmark treasury bond rose 4 basis points to 5.006% at one point. The yield on the 2023 10-year bond remained above 5% for just one day. Investors expect that the 10-year US Treasury yield will soon break through the 5% market, and the economy is facing new risks.

The yield on US 10-year Treasury bonds rose above 5%, the first time since October 2023. Soaring oil prices exacerbated concerns about inflation, and the yield on the US benchmark treasury bond rose 4 basis points to 5.006% at one point. The yield on the 2023 10-year bond remained above 5% for just one day. Investors expect that the 10-year US Treasury yield will soon break through the 5% market, and the economy is facing new risks.