U.S. Treasury Yields Rise to 4.6173% as Inflation Fears Impact Markets

U.S. Treasury yields increased on Monday, with the 10-year note reaching 4.6173%, its highest in 15 months, up more than 2 basis points. The 30-year bond yield hit a two-decade high at 5.1418%, up 1 basis point. Additionally, the 2-year Treasury yield rose to 4.1008%. This rise indicates market reactions to inflation pressures ahead of the G7 finance ministers' meeting, where discussions on interest rates are expected. Global effects were also noted, with yields on 10-year German bunds and Japan's JGB rising as well.