Treasuries Give Back Ground As Oil Spike Renews Inflation Worries
From Nasdaq: 2025-06-13 15:29:00
Treasuries saw a notable decline on Friday after two days of gains, with the yield on the benchmark ten-year rising to 4.424 percent. The pullback was attributed to Israeli airstrikes on Iran, leading to increased geopolitical tensions. Gold and the U.S. dollar rose, but treasuries fell as inflation concerns resurfaced due to a spike in crude oil prices. Consumer sentiment also surged in June, with the University of Michigan reporting an index of 60.5, higher than expected. Next week’s trading may be influenced by Middle East developments and the Federal Reserve’s monetary policy announcement.
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