U.S. 10-year Treasury yields rose 1 basis point to 4.707%, and 30-year yields climbed 1.8 basis points to 5.254%. This increase is driven by renewed concerns over large budget deficits and extensive borrowing from tech companies. Meanwhile, Brent crude oil is trading at $93.46, down 0.3% on the day, and WTI crude futures are 0.6% lower at $86.30 per barrel. Oil prices are experiencing a likely technical correction, but losses are limited by the lack of progress in U.S.-Iran talks to reopen the Strait of Hormuz and the U.S. vow to escalate economic sanctions against Iran, fueling regional tensions.