U.S. Treasury Yields Drop Amid Inflation Concerns and Geopolitical Tensions
Yields on U.S. Treasurys declined early Wednesday as bond markets priced in significant inflation risks amid geopolitical tensions in the Middle East. The 10-year yield fell to 4.653%, while the 30-year hit a high not seen since July 2007 before retreating.
Topics: Federal Reserve policy inflation concerns Middle East tensions Treasury yields