Iran War Treasury Yield Pressure
The yield on the 10-year Treasury remains elevated due to the war with Iran.
Too little corroboration in the last 3 days to call a trend (7 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"Bond yields are once again on the rise, with the 10-year Treasury yield (US10Y) reaching above 4.70% in the last week. Meanwhile, the long end of the yield curve remains over the key psychological threshold of 5.00%."
"Markets currently expect Fed officials to vote to raise rates in order to reduce inflationary pressures, according to CME FedWatch. The next Fed meeting on rates will conclude on Sept. 16."
"Rates on 30-year U.S. Treasury bonds hit their highest levels in nearly two decades, the exact opposite of what Trump had pledged to voters. The 10-year U.S. Treasury note saw its interest rate shoot up above 4.7% on Friday, surpassing what the president inherited when he returned to the White House last year."
"Growing budget deficits by governments around the world pose a fiscal risk during a period of rising defense spending, which could lead to interest rates on government bonds remaining higher. Dimon said he believes 'the 10-year bond should probably be at 4% to 4.5%' even if inflation returns to the Fed's 2% target."
"Bond yields have also seen a spike in the US with the 10-year yield crossing the mark of 4.6%, while the 30-year yield now trading at 5.1%."
"Treasury yields on fresh US-Iran hostilities"
"The yield on the 10-year Treasury fell to 4.27% from 4.29% late Wednesday. It, though, remains well above its 3.97% level from before the war, which has sent rates up for mortgages and other kinds of loans going to U.S. households and businesses."