U.S. bond yields are climbing again. The 10-year Treasury yield just moved up to 4.175%, the highest level in more than three weeks.
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The move comes as oil prices surge amid rising Middle East tensions, increasing fears that inflation could stay elevated. Higher energy costs are forcing investors to rethink how soon the Federal Reserve might start cutting interest rates.
Markets are now closely watching the upcoming U.S. jobs data, which could play a key role in shaping the next move for yields and risk assets.
Rising yields + strong economic signals = a more uncertain path for rate cuts. 📊