Al Jazara
روایت خاورمیانه 
The yield on the 10-year U.S. government bond reached 5.02% on Tuesday, marking its highest level since the global financial crisis in 2007. This increase is attributed to expectations of a potential interest rate hike by the Federal Reserve and rising oil prices.
Rising Oil Prices and Their Impact on Financial Markets
Severe tensions in U.S.-Iran relations and rising oil prices above $100 per barrel have led investors to be optimistic about an interest rate increase in the United States. This rise in oil prices, which is accompanied by the ongoing war between the U.S. and Iran, has directly impacted the financial market and interest rates. The yield on government bonds, as a benchmark for lending rates in U.S. financial markets, affects nearly all assets, including consumer debt and mortgages.
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Competition Between Bonds and Economic Concerns
Additionally, other global benchmark bonds have also reached their highest levels in decades. For example, the yield on the 10-year German bond is at 3.554%, and the yield on the 10-year Japanese bond has crossed 3% for the second time this month. Analysts believe that markets are heavily focused on the risks that high oil prices can add to inflationary pressures. In this context, Yako Akihiko, an analyst at Mitsubishi UFJ Bank, stated that "markets are paying attention to the likelihood of interest rate increases due to inflationary pressures from high oil prices."
Last week, the European Central Bank also raised interest rates to combat inflation. In this situation, it is expected that the Federal Reserve and the Bank of Japan will also raise their rates following their meetings this week, similar to the action taken by the European Central Bank.
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