‼️ U.S. Treasury yields climbed sharply on Monday as oil prices surged amid renewed fighting near the Strait of Hormuz and a prolonged U.S.-Israel conflict with Iran. The 10-year yield rose above 4.75% for the first time since January 2025, while five-year yields reached their highest level since early last year and 30-year yields broke above last week’s highs, reviving investor concern over inflation, fiscal deficits, and U.S. debt now above $40 trillion.