Bond Yields Rise Amid Concerns Over Inflation and Upcoming Jobs Report
U.S. Treasury yields increased as oil prices rose due to tensions in the Strait of Hormuz, raising inflation concerns. Investors are also awaiting the Friday jobs report for more insight into the U.S. labor market. The 2-year and 10-year Treasury yields both rose by 4 basis points.
Topics: energy prices Federal Reserve Iran war job market data oil prices U.S. Treasury yields