Economy
Rising Oil Prices Push US 30-Year Treasury Yields to Two-Decade High
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THE BRIEF
1
US 30-year bond yields climbed 7.96 basis points to 5.4816%, marking their highest level since 2004 amid renewed bond market pressures.
2
Oil prices advanced about 3% to a one-week high following a Houthi missile attack on Saudi Arabia that revived supply disruption concerns.
3
The benchmark 10-year Treasury note yield rose 8.17 basis points to 5.196%, reaching its highest mark since 2007.