Hormuz ship ban triggers a jump in US yields, fuels Fed hike bets
US Treasury yields climb along the curve as the Oman-Iran deal, which banned US and Israeli ships, whether military or civilian, from entering the Persian Gulf, drives crude prices higher, and as traders await the latest employment report.
CRUDE
US Treasury yields climb along the curve as the Oman-Iran deal, which banned US and Israeli ships, whether military or civilian, from entering the Persian Gulf, drives crude prices higher, and as traders await the latest employment report.