The US bond market is experiencing an accelerating selloff that has pushed Treasury yields to their highest levels since early 2025, with the 10-year yield climbing to approximately 4.78%.
This selloff is being compounded by geopolitical tensions in the Middle East, where renewed military exchanges between the US and Iran have sent Brent crude (CBX26) above $91 per barrel, reigniting inflation fears and reinforcing expectations that major central banks will need to maintain or tighten restrictive monetary stances.
