The yield on a 30-year U.S. Treasury bond rose to 5.127%, its highest level since 2007.

The US dollar strengthened on Thursday. Higher Treasury yields and safe-haven demand boosted the currency. Investors anticipate Federal Reserve rate hikes this year. A meeting…

Trump and Xi met at the Great Hall of the People in Beijing, where both sides agreed the Strait of Hormuz must remain open, a key demand as the Iran war drags into its third month.