US Treasury yields rise as oil climbs and Iran tensions persist
Updated
Updated · Barron's · May 11
US Treasury yields rise as oil climbs and Iran tensions persist
9 articles · Updated · Barron's · May 11
The two-year yield gained 3.3 basis points to 3.925% and the 10-year rose 3 basis points to 4.393%, while Brent crude jumped 4.3% to $105.66.
President Donald Trump called Iran's response to a US peace proposal "totally unacceptable", adding to market pressure as the Strait of Hormuz remained closed at the start of the week.
Short-dated yields rose more than long-term ones, extending Friday's move after solid US payrolls data and reflecting investor concern over inflation and geopolitical disruption.
Can the US economy truly remain insulated if the Iran war triggers a severe global recession?
With stagflation risks rising, what is the tipping point for the Federal Reserve to abandon its dovish policy?
How is Iran maintaining oil exports despite a full-scale US naval blockade?