Crude oil surge intensifies inflation concerns! U.S. Treasury yields soar across the board, with the 10-year breaking above 4.7% to hit an 18-month high.
U.S. Treasury yields rose across the board on Thursday, with the 10-year yield breaking above 4.7%, marking a new high since January 2025.
Multiple factors are fermenting simultaneously—the sudden escalation of the Middle East situation pushed Brent crude above $100 per barrel, U.S. initial jobless claims