US 30Y yields hit 2002 high as crude tops $100
US Treasuries resumed their retreat, lifting the 30-year yield back to its highest since 2002 as climbing oil prices raised concern about faster inflation and more central bank interest-rate increases.
Original · Bloomberg AI summary of public reporting
Why: Oil >$100 stokes inflation fears → higher yields
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Prices since publication
At publication → Currentpara:30Y— → ——
BRENTOIL101.41 → 102.22+0.8%
CL90.01 → 91.14+1.3%