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The yield on 10-year US Treasury bonds exceeded 5% on Monday, for the first time since October 2023, amid anticipation of decisions by the US Federal Reserve and expectations of a rise in interest rates.
The yield on 10-year bonds rose by about 5.011%, driven by rising inflation fears following the rise in oil prices due to the US war on Iran.
This rise also comes as investors await decisions by the US Federal Reserve and expectations of a rise in interest rates, despite pressure from President Donald Trump, who recently called on the Federal Reserve to lower interest rates.
Earlier on Monday, oil prices jumped more than 4.5% to touch $110 per barrel, driven by rising tensions between the United States and Iran, and concerns about disruption of oil supplies through the Straits of Hormuz and Bab al-Mandeb.
The western coast of Yemen has seen a rapid field transformation in recent days, with Houthi advances towards areas near the Bab al-Mandeb Strait, one of the world's most important maritime passages, in a development that could redraw the map of control over one of the region's most strategic locations.
New attacks and increasing risks around major oil routes in the Middle East have heightened fears of supply disruptions.
The United States has recently launched military attacks on sites in Iran, amid the impasse in negotiations between them due to disagreements over navigation in the strategic Strait of Hormuz for energy and commodity supplies.
Tehran responded by carrying out attacks against US military installations in Arab countries, some of which resulted in civilian casualties and damage to civilian facilities.
On February 28, the United States and Israel began a war against Iran, which left more than 3,000 dead, according to Tehran, which responded with attacks that killed Americans and Israelis.
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