US 10-year Treasury yields hit 4.71%, their highest level since January 2025
Fed funds futures price in about two 25-basis-point rate hikes by year-end
Some investors see 4.75% to 5% on the 10-year yield as critical thresholds for stocks
By Saqib Iqbal Ahmed and Lewis Krauskopf
NEW YORK, July 24 (Reuters) –
Deepening conflict in the Middle East has sent oil prices surging and Treasury yields climbing to levels that have equity investors on edge, raising fears that pain so far largely contained in the bond market could soon spill over into U.S. stocks.
Oil prices spiked to $100 a barrel for the first time since May this week, as the renewed hostilities revived investor worries over global supply disruptions from a near-halt in trade…
