Oil price surge and inflation worries push bond yields to multi-year highs

Oil prices have risen above $92 per barrel, stoking inflation fears and pushing U.S. bond yields to their highest since January 2025. The 10-year Treasury yield reached 4.79%, and global bond markets also sold off. Stock indices fell, with the S&P 500 down 0.7% and the Nasdaq off 1.4%.
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Original headline: “Oil is back above $92 and inflation fears are sending U.S. bond yields to their highest since January 2025.” Browse more stories.