10-Year Treasury Yield Touches 5%, Pushed by Oil Surge— WSJ

Chelsey Dulaney and Sam GoldfarbThe 10-year U.S. Treasury yield briefly broke above 5% as widening instability in the Middle East pushed up oil prices, deepening investor concerns about inflation.The yield on the benchmark bond hit 5.012% in morning trading, according to Tradeweb, its highest intra…