Treasury Yields Retreat After Reaching January 2025 Highs
U.S. Treasury yields retreated slightly after hitting their highest levels since January 2025 the previous day, driven by rising oil prices and inflation concerns. The 10-year yield fell to 4.693%, while the 2-year note dropped to 4.333%. Jobless claims for the week ended July 18 were lower than expected at 187,000.
Topics: inflation fears Iran conflict oil prices Treasury yields U.S. President Donald Trump