US Treasury yields hit multi-month highs

Odaily Odaily Straits of Hormuz remains effectively closed while inflation concerns persist, pushing US Treasury yields higher during Asian trading hours. According to Tradeweb data, the US two-year Treasury yield touched 4.064%, the highest level since February 2025. The US 10-year Treasury yield rose to 4.530%, a one-year high, while the US 30-year Treasury yield climbed to 5.071%, the highest since July 2025. Data shows that after hitting these levels, yields retreated slightly but still remained 6–8 basis points higher than the previous trading day. (Jin Shi)