"Market Fears Subside, Treasury Yields Resume Upward Trend"

US Treasury 10-year yields are climbing to their highest level since 9 October as market fears surrounding the Israel-Hamas conflict abate. Yields are expected to march towards 4.80% again, potentially impacting broader markets such as stocks and major currencies. Bond traders are sticking to familiar patterns, while the rising yields may keep sentiment on edge and support the dollar in the bigger picture.