Slope UST10Y Yield Rise. Yield UST10Y closed at 1.84% yesterday, down nearly 4 bps from trading the day before. The geopolitical crisis in Ukraine triggers yield volatility in UST10Y. This bond market movement, also amid the potential for rising inflation, after the price of WTI benchmark oil rose to its highest level in more than a decade in trading Wednesday (2/3). The spike after OPEC decided to keep production stable despite the crisis in Ukraine. WTI crude jumped 8% to USD 112.51 per barrel, its highest level since May 2011.

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