US Treasury yields have reached their highest levels since 2007, with the 10-year rate around 4.74% and the 30-year rate exceeding 5.32%. This increase is driven by concerns over rising oil prices and public debt sustainability. West Texas Intermediate crude is trading in the mid-to-high $80s per barrel, fueling inflationary pressures from energy costs. This situation may increase borrowing costs for both consumers and the US government.
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