U.S. Treasury Selloff Reflects Oil, Economic Strength; Looks Overdone — Market Talk
0520 GMT - The rise in the 10-year U.S. Treasury yields to approximately 5.25% reflects higher oil prices and a strong U.S. economy more than AI debt issuance or fiscal concerns, according to Capital Economics' James Reilly. Capital Economics sees the Treasury selloff as overdone, and continues to…