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U.S. Treasury yields rose Wednesday, with the 10-year note yield up to 4.81%, its highest since late 2023. Oil prices increased on heightened U.S.-Iran conflict tensions, driving inflation worries.
U.S. public debt crosses $40 trillion for the first time, while Reuters says the 30-year Treasury yield rises to 5.337% and Treasury boosts buyback operations for 10- to 30-year securities.
The U.S. 30-year Treasury yield rises above 5.27%, its highest since 2007, as market participants and commentators debate deficit risks and long-duration asset exposure.