In recent trading sessions, US Treasury yields have surged to their highest levels in nearly two years, driven by escalating inflation fears and rising oil prices. The 10-year Treasury yield has crossed the critical threshold of 4.75%, marking a significant tipping point that could indicate a broader bond sell-off. Analysts warn that this rise in yields, coupled with the increased expectations of interest rate hikes, is putting pressure on the stock market, with major indices reacting negatively. Market participants are closely monitoring developments, particularly in the energy sector, as oil prices approached $90 per barrel, exacerbating concerns over inflation. The bond market remains volatile as investors recalibrate their strategies in response to these economic signals.