Due to inflationary pressure brought on by rising oil prices, the yield on US 10-year Treasury bonds rose to the highest level since the end of 2023. The yield rose slightly by 1 basis point to 4.81%. Brent crude oil futures rose about 2% and are expected to rise for the third consecutive trading day.

Due to inflationary pressure brought on by rising oil prices, the yield on US 10-year Treasury bonds rose to the highest level since the end of 2023. The yield rose slightly by 1 basis point to 4.81%. Brent crude oil futures rose about 2% and are expected to rise for the third consecutive trading day.