Treasury yields jump as inflation fears weigh on sentiment

Group 1 - U.S. Treasury yields increased across the curve, with the 10-year yield at 4.279%, the 30-year yield at 4.893%, and the 2-year yield at 3.807% [1][2] - The rise in yields is attributed to inflation fears linked to the U.S.-Iran war, impacting investor sentiment and leading to a spike in short-term bond yields [2][3] - Central banks in Japan, Switzerland, and Sweden also maintained their key interest rates, citing the ongoing conflict and its potential inflationary effects on global economies [3] Group 2 - Oil prices surged to $119 a barrel following strikes on energy facilities in Qatar and Iran, with Israel targeting Iran's South Pars gas field [4] - President Donald Trump issued a warning regarding potential U.S. military action against the South Pars field if further attacks occur, indicating heightened geopolitical tensions [5] - Deutsche Bank noted that the escalation of strikes and a cautious tone on inflation from the Federal Reserve have led investors to reassess the likelihood of interest rate cuts this year [6]