Renewed hostilities in the Middle East are driving a prolonged selloff in U.S. government bonds, sending yields close to their highest levels of the year and lifting borrowing cost

Renewed hostilities in the Middle East are driving a prolonged selloff in U.S. government bonds, sending yields close to their highest levels of the year and lifting borrowing costs for businesses and consumers. Link What Surging Bond Yields Mean for Consumers and Markets A selloff in government bonds has pushed the 10-year Treasury yield close to its 2026 high.