U.S. Treasury yields rise as oil reaches $100 and diesel prices surge
The 10-year U.S. Treasury yield moved above 4.9% after oil reached $100 per barrel. U.S. diesel prices reportedly rose 61% amid an escalation involving Iran.
By DoomRadar · Published on DoomRadar .
Why it matters
Higher energy and borrowing costs could worsen inflation and increase pressure on households, businesses and financial markets.
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