Treasury yields rise as Trump reiterates Iran infrastructure threat, sending oil higher
Donald Trump
U.S. Treasury yields rose on Tuesday as President Donald Trump again warned the U.S. would strike Iranian civilian and energy infrastructure if Tehran did not agree to reopen the Strait of Hormuz before a looming deadline. The 10-year Treasury yield — the benchmark for U.S. government borrowing — was more than 1 basis point higher in early trade, at 4.3466% by 3:40 a.m. E.T. Yields on the 2-year Treasury note, which are more sensitive to short-term Federal Reserve rate decisions, were also up
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