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The Economic Times
The Economic Times
Business

Longer-dated US Treasury yields climb as Iran and US restart military attacks

Longer-dated U.S. Treasury yields were higher on Monday, as hostilities between ​the U.S. and Iran flared after military attacks resumed and investors weighed comments last week from Federal Reserve Chair Kevin Warsh.

Crude oil prices jumped after U.S. forces struck two Iranian launchers on Iran's Larak Island on Sunday, a U.S. official said, marking the first known American strikes on Iran since late ‌July. Iran responded ⁠by attacking ⁠U.S. forces stationed in Jordan, according to a Fox News reporter on Sunday, citing a U.S. source.

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