US Treasury Crosses 5% as Oil Raises Inflation Risks
Oil above $100 is pushing yields higher as markets reassess inflation, interest rates and global borrowing costs
PIXABAY
The US financial market entered Tuesday, September 15, facing a number that reaches far beyond the government bond market. The 10-year Treasury yield reached 5.041%, its highest level since 2007, while oil remained above $100 a barrel and added pressure to inflation expectations.
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Filed under: business & finance | DonateToRead