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The 10-year Treasury yield rose to its highest level since January 2025, while Japanese, German, and U.K. bonds also hit fresh milestones
Al Drago/Bloomberg via Getty Images
A global government bond selloff intensified on Tuesday, pushing yields across major economies to their highest levels in years as renewed U.S.-Iran tensions drove oil prices higher and fanned inflation fears.
The 10-year U.S. Treasury yield advanced 3 basis points, settling at 4.788% — a level not reached since Jan. 14, 2025. The 30-year Treasury yield ended the session at 5.272%, a gain of more than 2 basis points, and the 2-year note moved up by more than 1 basis point to reach 4.362%. One basis point equals 0.01%.
