U.S. Treasury Yields Hit Highest Since 2025

Longer-dated U.S. Treasury yields hit highest levels since mid‑2025, with 10‑year yield reaching 4.50% and 2‑year at 4.017% intraday.
April producer‑price index posted its largest increase since early 2022, while CPI showed inflation accelerating at fastest pace in three years.
Officials, including Boston Fed President Susan Collins, warned of rate hikes if inflation persists, prompting traders to price in a first‑half‑year increase.
Energy disruptions in the Middle East and a fragile US‑Iran ceasefire are cited as inflation risks, adding uncertainty to monetary policy outlook.