<div id="readability-page-1">Record-long bond yield: The 30-year Treasury yield closed at 5.13%, the highest since June 2007, driven by inflation fears and weak auction demand. Geopolitics stoke prices: Oil prices jumped as the U.S.-Iran conflict showed no progress toward resolution, adding to inflationary pressures from energy costs. Fed policy outlook: Markets now price in a nearly 50% chance of a Fed rate hike by year-end, reversing earlier expectations for cuts.</div>

OILK

<p>The 30-year Treasury yield reached 5.13%, the highest since June 2007, due to inflation fears and weak auction demand. Oil prices surged amid ongoing U.S.-Iran tensions, contributing to inflationary pressures. Markets now anticipate a nearly 50% chance of a Fed rate hike by year-end, shifting from previous expectations of rate cuts.</p>

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30-year Treasury yield hits 5.13% amid inflation fears