US 30-year borrowing costs hit highs as falling Saudi oil production gives fresh impetus to rally in crude prices

Sept 9 : Brent crude prices surged past $100 a barrel on Wednesday and the yield on 10-year Treasury debt hit its highest level since November 2023, as Middle East and inflation…

US Treasury yields surged as Brent crude topped $100 per barrel, with the two-year yield hitting 4.42% and traders repricing Federal Reserve rate

Rising oil prices and mounting fiscal worries also sent the benchmark 10-year U.S. Treasury yield to its highest level since 2023 on Wednesday. It was last at 6.84%.

By Joe Stonor and Adam Whittaker