US Treasury Yields Rise Across Curve as Trump’s Iran Threat Lifts Oil, Inflation Risks
Updated
Updated · Bloomberg · Jun 22
US Treasury Yields Rise Across Curve as Trump’s Iran Threat Lifts Oil, Inflation Risks
3 articles · Updated · Bloomberg · Jun 22
Summary
Treasuries fell as traders returned from Friday’s cash-market holiday, pushing yields higher across the curve after Donald Trump again threatened military action against Iran.
Oil prices climbed on fears that escalating Middle East tensions could keep energy costs elevated, driving investors to reassess the inflation outlook.
The selloff underscored how geopolitical pressure on crude can complicate the Federal Reserve’s effort to bring inflation under control.