Oil-linked inflation concerns lift US yields as markets reassess Fed tightening risk
Rising oil prices and inflation concerns pushed both front-end and long-end Treasury yields higher.
MSA market desk
Desk brief
Market reporting on July 31 said Treasury yields rose alongside oil prices, with the two-year yield near 4. 30% and the 30-year yield near 5. 26%.
The move was attributed to expectations that the Federal Reserve might need to raise rates if energy-supply risks continued to lift inflation. The repricing combines higher energy costs with tighter global rates conditions.
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