Treasury yields move higher despite intensifying Middle East conflict

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Treasury yields move higher despite intensifying Middle East conflict
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Vivien Lou Chen is a Markets Reporter for MarketWatch. You can follow her on Twitter @vivienlouchen.

Treasury yields rose Monday morning as investors sold off government debt despite the possibility of a widening Middle East conflict.

What’s happeningWhat’s driving markets Treasurys sold off on Monday morning, with investors unwinding some haven positions after Israel did not begin its full ground offensive into Gaza over the weekend. Brent crude hovered around $90 a barrel, however, as conditions on the ground deteriorated due to the conflict, with hospitals near collapse and supplies running out. The...

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