Daily Market Updates: Treasury yields tick up as oil jumps ahead of inflation data

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Treasury yields tick up as oil jumps ahead of inflation data

Yields moved higher as investors weighed tensions tied to Iran alongside a scheduled July inflation release.

Reported · Written up by our desk · Inflation

U.S. Treasury yields rose slightly on Tuesday, with the move linked to a jump in oil prices and positioning ahead of the upcoming July inflation data release, according to CNBC Markets.

CNBC World also pointed to ongoing Iran tensions as a factor being weighed by investors as they look toward the inflation print.

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Sources

CNBC MarketsTreasury yields up as oil prices jump and investors await inflation data

CNBC WorldTreasury yields up as oil prices jump and investors await inflation data

Bonds & Rates

Treasury yields tick up as oil jumps ahead of inflation data

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