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Treasury yields near post-Iran-war highs as oil prices rise

Treasury yields are approaching their highest levels since February, when the Iran war began, as rising oil prices also reduce the odds of a Fed rate cut.

Reported · Written up by our desk · Economy

Treasury yields are moving toward the highest levels seen since the Iran crisis began in February, according to MarketWatch.

The outlet links the rise in yields to higher oil prices tied to the intensifying Iran situation.

As oil climbs and market expectations shift, the odds of a Fed rate hike have narrowed, MarketWatch reports.

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