Svmuu News: U.S. Treasury yields rose slightly during the Asian trading session, continuing Monday’s trend. The market remains focused on the potential inflationary impact of rising oil prices driven by the conflict in the Middle East. On Monday, U.S. Treasury yields surged, reversing the previous brief surge in safe-haven buying. In a report, ING interest rate strategists Padhraic Garvey and Michiel Tukker stated: “Frankly, we were surprised that the safe-haven rally driving money into bonds was so short-lived.” They noted that, considering the broader situation in the Middle East, a further deterioration of events would undoubtedly reignite safe-haven demand, “but the follow-through after the initial shock has already been quite significant.” (Jin Shi)