U.S. 10-year Treasury yield 4.497rose to %, with oil also rising
U.S. Treasury yields 7rose on (U.S. Eastern Time) after news that a merchant vessel was attacked in the Strait of Hormuz. 10The -year yield stood at 4.497%, while the 2-year yield stood at 4.137%. Oil prices also rose. Interest-rate- and crude-oil-sensitive sectors may experience intraday volatility.
U.S. Treasury yields 7rose in response to news of a merchant vessel attack in the Strait of Hormuz at 9 on 7 minutes U.S. Eastern Time. Treasury yields are a key indicator linked to domestic bonds, exchange rates, and the stock market.
In the New York bond market, the 10-year yield 2was 1.70 basis points above the previous trading day's afternoon 4.497 reference rate, at %.
The 2-year yield, which is sensitive to monetary policy, 1.20rose by 4.137 basis points over the same period to %.
30The -year yield was 1.80basis points higher at 5.011%.
The move was reportedly driven by higher oil prices following news that Iran had attacked commercial vessels passing through the Strait of Hormuz. As the news emerged, rising oil prices coincided with falling bond prices (rising yields).
During South Korean trading hours, the morning trend in the U.S. market is reflected sequentially because of the time-zone difference. In particular, intraday volatility may emerge mainly in financial instruments sensitive to short-term yields and sectors sensitive to crude oil prices.
Investors need to check U.S. bond-market figures together with oil-price trends.
Sources: 연합인포맥스
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