BusinessUS Treasury Yields Rise Amid Middle East Talks and Rate Hike Bets
US Treasury yields rose to multi-year highs as investors reacted to increased bets on a Federal Reserve rate hike and ongoing Middle East tensions. The 10-year yield reached 5.2741%, the highest since 2007, before easing slightly. Qatari mediators are expected to hold separate talks with Iran and the US, raising hopes for negotiations. Fed hike bets increased to 68% from 64%, according to CME Group's FedWatch tool.
Mint Markets·2h ago


