B · Normal
[U.S. Treasury bond yields climbed to multi-year highs as tensions in the Middle East pushed up oil prices] On September 28, as tensions in the Middle East heated up, Brent crude oil rose above US$108 per barrel, hitting a nearly two-week high, and the U.S. 10-year and 30-year Treasury bond yields rose to their highest levels since 2007 and 2004 respectively. The U.S. 10-year Treasury bond yield rose 7 basis points to 5.23%, and the 30-year Treasury bond yield rose 4 basis points to 5.53%. The 10-year German Bund yield rose 4 basis points to 3.64%, the highest since 2009. The UK 10-year government bond yield also rose 4 basis points to 5.41%.
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