US 30-Year Treasury Yield Rises Above 5.37%, Highest Since 2004

The US 30-year Treasury yield has risen above 5.37%, on track for its highest daily settlement since June 2004. Oil above $90/barrel is boosting inflation and rate-hike expectations, intensifying pressure on the bond market. 77 clean stories shaped this window, with sentiment bearish at 32/100. Also in focus: US 10-year yield touches 5.13%, moving in straight line higher.