U.S. yields hit 19-month high after renewed US-Iran fighting
TLT•Yields rise as oil jump stokes inflation fears
SINGAPORE, Sept. 1 (Reuters) - U.S. Treasury yields rose to their highest since January 2025 on Tuesday as renewed attacks between the United States and Iran lifted oil prices, stoking inflationary worries and triggering a global bond selloff.
Tehran launched missiles at two U.S. air bases in Jordan in response to a U.S. attack on its Larak Island, where Washington said it had struck Iranian launchers firing mines into the Strait of Hormuz.
Benchmark Treasury yields hit multi-month highs
The yield on 10-year Treasury notes US10YT=RR was 2 basis points higher at 4.778%, a 19-month high. The yield on the 30-year bond touched 5.27% in Asian hours, not far from the 19-year high touched last month.
