US Treasury yields rose across the board after Iran stated it would not soften its conditions regarding the reopening of the Strait of Hormuz, sending crude oil prices higher in response.
The 10-year yield climbed 5 basis points to 5.21%, while the 2-year yield also rose 5 basis points to 4.90%.
The 30-year yield increased 3 basis points to 5.52%.
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