The U.S. 10-year Treasury yield rose to 4.97% on Monday, just 3 basis points shy of the 5% threshold, while the 30-year Treasury yield hovered at 5.35%. Brent crude prices climbed to $107 per barrel, exacerbating inflation concerns and prompting investors to price in expectations of a rate hike ahead of the Federal Reserve's policy meeting this week. Goldman Sachs has revised its forecast for this week from "no change" to "rate hike," and Polymarket bettors have also increased the probability of a September rate hike to 80%.