US 10-Year Treasury Yield Hits Nearly 3-Year High on Rising Inflation Concerns

MacroGeopoliticsDigital Finance Impact 4
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On the 2nd, the yield on the 10-year US Treasury rose to 4.81%, the highest level since November 2023. The US-Iran conflict has entered its most serious phase in recent weeks, leading to higher oil prices and heightened inflation concerns. The yield on the 30-year US Treasury rose 2 basis points to 5.287%.

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