Bond yields rise as elevated oil prices reignite threat of 'renewed pressure on inflation'

Bond yields continued to climb on Wednesday as oil prices rose amid an escalating conflict in the Middle East. The 10-year yield used as a benchmark for mortgage and loan rates, rose to 4.65% on Wednesday. The 30-year yield climbed to 5.14% as the long-dated bond notched its longest stretch above 5% since 2007...