📈 Business
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Bloomberg
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Treasury Yields Hit Year's Highs as Oil Surges on Iran War
US Treasury prices fell, pushing benchmark yields to their highest levels of the year. The move was driven by rising oil prices fueled by the US war on Iran, now entering its fifth week. Markets are reacting to the ongoing stalemate in the conflict.
Treasuries fell, lifting benchmark yields to the highest levels this year, as oil prices resumed the advance unleashed by the US war on Iran, which is entering its fifth week.