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US Treasury yields rise on Middle East tensions and oil price volatility after weak 2-year auction demand.

Market News
24 Mar 2026
CNBC
View Source
Bearish
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US Treasury yields climbed Tuesday, with the 2-year yield jumping over 9 basis points to 3.925% following weak demand in a $69 billion auction, the lowest bid-to-cover ratio since May 2024. The 10-year and 30-year yields also rose amid renewed volatility in oil markets and ongoing military conflicts in the Middle East. Market uncertainty persists as conflicting reports about talks between the US and Iran keep energy prices and Treasury yields sensitive to geopolitical developments. Analysts expect yields to remain influenced by energy price swings until clearer resolution emerges in the conflict.

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