Overview
- The 10-year Treasury yield rose to about 4.12%, the 30-year to 4.758%, and the 2-year to 3.562% in Thursday trading, according to CNBC.
- Investors are focused on possible disruption to the Strait of Hormuz, a corridor that carries roughly one-fifth of global crude shipments.
- President Donald Trump said the U.S. will provide risk insurance and naval escorts to tankers in the Persian Gulf to keep shipping lanes open.
- Treasury Secretary Scott Bessent said the government is preparing additional measures to support oil trade in the Gulf.
- Israel reported fresh attacks on Tehran, intensifying conflict concerns, while markets track ADP data, weekly jobless claims, and Friday’s February payrolls and retail reports for rate signals.