00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Global bond yields rose to the highest levels since May 2024 as higher energy costs from the
00:08Middle East conflict drove expectations for interest rate hikes, according to Bloomberg.
00:12U.S. yields climbed after a third straight week of losses as traders increased bets on tighter
00:17policy. Australia's 10-year yield reached its highest since 2011, while New Zealand and India
00:23yields also rose. Japanese and South Korean yields increased, while European bond futures declined.
00:30The Treasury yield curve flattened as two-year yields rose to 3.9% and 10-year yields reached
00:354.38%. Markets shifted from pricing rate cuts to a 60% chance of a hike by October as the
00:42conflict continued and central banks signaled caution on inflation.
00:46For all things money, visit Benzinga.com.
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