Oil hits $100 as yields jump to multi-year highs, fanning inflation fears
TL;DR Summary
The 10-year Treasury yield rose to about 4.7% (its highest since January 2025) and the 30-year climbed to around 5.19% as Brent crude neared $100 amid Middle East tensions, fueling concerns about higher debt costs and sticky inflation while investors weigh possible Fed action later this year; despite higher yields, equities have held up on earnings growth and optimism about the economy.
Topics:business#10-year-treasury#bond-yields#federal-reserve#finance#inflation#note-extra-tag-kept-to-5#oil-price
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