The yield on US government bonds is rising due to the ongoing uncertainty in the Middle East.

The yield on US Treasury bonds continues to rise as uncertainty over developments in the Middle East dominates the market. Daniel Takieddine of Sky Links Capital Group stated in a report, "Contradictory signals about the prospects for diplomatic solutions are making the market nervous." He said that risk appetite remains fragile, with the market oscillating between hope and concern over geopolitical situations. He mentioned that the long-standing tension and turmoil in the Middle East may continue to fuel inflation expectations and force central banks to adopt a more cautious approach. The 2-year US Treasury bond yield rose by 5.6 basis points to 3.885%. According to Tradeweb data, the 10-year US Treasury bond yield increased by 3.2 basis points to 4.366%.