Trump warns Iran as oil climbs and Treasury yields reach one-year high
Rising energy costs pushed annual inflation to 3.8% in April, driving the 10-year Treasury yield to its highest level in nearly a year.
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Rising energy costs pushed annual inflation to 3.8% in April, driving the 10-year Treasury yield to its highest level in nearly a year.
U.S. crude futures rose above $107 a barrel as 10-year Treasury yields climbed to 4.6% following President Trump's military warnings to Iran.
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President Trump warned Iran to "get moving, FAST" or face destruction, pushing Brent crude futures up to $110.72 per barrel amid supply disruption fears.
President Trump warned Iran on Truth Social to "get moving, FAST," causing Brent crude prices to climb to $110.72 per barrel.
President Trump warned Iran to speed up diplomatic progress or face total destruction, fueling fears of a military escalation in the Middle East.
International benchmark Brent crude rose 1.34 percent to 110.72 dollars per barrel following President Trump's warning that the clock is ticking for Iran.
Long-term Treasury yields reached year-long highs as the 30-year bond crossed 5% while annual inflation surged to 3.8% in April.
Brent crude climbed above $110 a barrel after President Trump warned Iran that the clock is ticking on a peace deal.
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The 10-year Treasury yield climbed near 4.6% as energy costs and Middle East conflict fueled a sell-off in long-term government debt.
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