US 10-Year Yield Climbs on Middle East Escalation
2026-04-20 02:49
By
Jam Kaimo Samonte
1 min. read
The yield on the US 10-year Treasury note rose to around 4.27% on Monday, reversing the prior session’s decline as renewed US-Iran tensions lifted inflation concerns.
President Donald Trump said the US Navy fired on and seized an Iranian-flagged cargo vessel in the Gulf of Oman after it ignored warnings to stop while exiting the Strait of Hormuz.
Tehran also reversed plans to reopen the strait following Washington’s refusal to lift its blockade on Iranian ports and stated it would not participate in a second round of negotiations.
The prolonged conflict has triggered a severe energy supply shock, heightening inflation risks and increasing the likelihood of additional central bank tightening, while further dampening expectations for Federal Reserve rate cuts this year.
The Fed is widely expected to keep policy rates unchanged this month and to remain on hold for the rest of 2026.