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2026-07-13 23:46:15
[US 2-Year Treasury Yield Rises to Highest Level Since 2025 Amid Soaring Oil Prices] Short-term US Treasury yields rose to their highest level since early 2025 as renewed tensions with Iran pushed up oil prices, fueling speculation that the Federal Reserve may need to raise interest rates to combat inflation. The rate-sensitive 2-year Treasury yield rose as much as 4 basis points to 4.25%, its highest level since February 2025; the 5-year yield also hit a similar high, at 4.35%. The benchmark 10-year Treasury yield rose 3 basis points to 4.60%, its highest level since May. Brent crude oil rose 5% after a new round of attacks between the US and Iran. The two sides gave conflicting statements regarding whether the Strait of Hormuz remains open. Bond market losses widened after US President Donald Trump said the US was "reinstating" its blockade of Iranian ships.
