Treasury Yields Climb on Inflation Concerns

2026-03-03 15:03 By Joana Taborda 1 min. read

The yield on the US 10-year Treasury note rose nearly 6 basis points to 4.1% on Tuesday, its highest level since mid-February, after climbing almost 9 basis points in the previous session.

The increase comes as the conflict with Iran shows no signs of easing and energy prices continue to surge, fueling concerns about renewed inflationary pressures that could further delay Federal Reserve rate cuts.

Markets have pushed back expectations for the Fed’s next rate reduction to September, from earlier forecasts of July, although two 25-basis-point cuts remain priced in for 2026.

Notably, the typical safe-haven bid in bonds failed to materialize, as inflation concerns appeared to outweigh demand for defensive assets.



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