Treasury yields surge to near 20-year high as oil jumps back above $103 per barrel
Treasury yields have reached their highest level in over a decade, hitting nearly 20-year highs, driven by a surge in oil prices above $103 per barrel. This rise reflects growing expectations of another Federal Reserve interest rate hike.
BitGoose AI Desk·1 sources
Treasury yields have reached their highest level in over a decade, hitting nearly 20-year highs, driven by a surge in oil prices above $103 per barrel. This rise reflects growing expectations of another Federal Reserve interest rate hike.
Sources
- NBC News — Treasury yields surge to near 20-year high as oil jumps back above $103 per barrel
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