Treasury yields climb higher as investors monitor Iran war and soaring oil price

U.S. Treasury yields climbed higher on Monday, primarily driven by a significant surge in oil prices, which breached the $100 per barrel mark. This sharp increase in energy costs intensified inflation fears among investors, leading to a flight from fixed-income assets. The market's focus also remained on geopolitical tensions, particularly monitoring developments surrounding the Iran war, contributing to overall market uncertainty. Rising yields typically signal expectations of tighter monetary policy or economic stress, impacting valuations across various asset classes. This environment suggests a cautious outlook for growth stocks and potential volatility for the broader market.