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Spiking oil prices jolt U.S. bond yields past 5%, threatening to set off a vicious cycle of debt just as the Fed is expected to hike rates

Photo: Fortune

What happened

The 10-year topped 5% for the first time since 2023 as the war in its seventh month chokes oil supply — with the U.S. debt above 100% of GDP..

Summary assembled by rule from the sources below

Sources