Treasury Yields Surge: Tariffs Drive Bond Market Selloff

U.S. Treasury yields climbed sharply on Monday as the market reacted to a wave of new tariffs, prompting concerns about potential inflation. The selloff in the bond market, driven by investors’ worries about rising prices, is impacting borrowing costs and consumer spending. Analysts highlight the potential for continued volatility in the financial markets amidst rising inflationary pressures caused by these tariffs.