U.S. Treasury yields dipped slightly on Tuesday, after reaching fresh highs during the previous session. The 10-year yield stood at 5.2278%, the 30-year yield at 5.466%, while the 2-year yield remained flat at 4.9243%. These figures come as the Middle East conflict continues to weigh on energy prices, with markets pricing in a more than 72% chance of another Fed rate hike in October. The Federal Reserve already raised its benchmark rate by 25 basis points earlier this month in a unanimous 12-0 vote.
Source: Read the original article

