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US Treasury yields climb modestly on inflation fears
U.S. Treasury bond yields, both short-term and long-term, rose slightly after a sharp decline last week, amid ongoing concerns over inflation and rising oil prices. The 10-year bond yield increased to 4.9779%. According to analysts, investors are focusing on geopolitical tensions and the increased demand for safe-haven assets, while the rise in energy costs continues to exert inflationary pressure. The price of a barrel of oil is around $114 following attacks on oil facilities in the Middle East.
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