Treasury Yields Rebound, Gold Sinks to Two-Month Low as Iran Conflict Fuels Inflation Fears - Tekedia

U.S. Treasury yields climbed after Iranian strikes on a U.S. base revived inflation concerns tied to energy prices.

The 10-year note, 2-year Treasury and 30-year bond all moved higher as markets priced in more rate pressure.

Spot gold fell sharply to a two-month low as rising yields and a stronger dollar reduced demand for the metal.

Investors are watching whether Middle East tensions lift Brent crude further and keep the Fed higher for longer.