U.S. 10-Year Treasury Yield Rises to 4.64% on July 22 Amid Oil Price Surge

According to Yonhapinfomax data, on July 22 at 8:37 a.m. ET, the U.S. 10-year Treasury yield rose 1.20 basis points to 4.64%, while the 2-year yield climbed 0.80bp to 4.272% and the 30-year yield increased 1.00bp to 5.14%. The Treasury market continues to reflect inflation concerns amid ongoing U.S.-Iran military tensions and Middle East regional risks. West Texas Intermediate crude oil futures for September delivery surged 3.3% to $87 per barrel as supply route risks intensify. Ship tracking data shows four tankers altered course following Houthi blockade declarations, with two vessels rerouting via the Suez Canal.
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