10‑Year Treasury Yield Hits 4.5% Amid Trump’s War‑Fueled Rate Surge
Benchmark 10‑year Treasury yields climbed to about 4.5% as the Iran war and an oil‑price shock stoked inflation fears. Traders saw a false break above the long‑term trend, then the yield slipped, suggesting a possible retreat into a 3.9‑4.6% band that could give Trump room to curb borrowing costs.