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US 10-Year Yield, CAD/JPY, Copper and CAC Forecasts – Middle East Tension Drives Yields to 4.6%

US 10-Year Yield, CAD/JPY, Copper and CAC Forecasts – Middle East Tension Drives Yields to 4.6%

By
Christopher Lewis
Updated: Jul 13, 2026, 11:39 GMT+00:00

The 10-year yield has jumped higher after the US hit Iran with military strikes over the weekend again.

US 10-Year Yield Technical Analysis

The 10-year yield is pushing higher again, staying above its rising moving averages as it nears 4.60%. Source: TradingView.

The 10-year yield has jumped higher, which makes a certain amount of sense, given that the yields have jumped to the 4.6% level after the weekend saw an escalation of attacks on the Iranians by the Americans. Short-term pullbacks in the yield should open up the possibility of the risk appetite picking up, but keep in mind that this is a market that has shown consistently higher interest rates, and as a result, that does have a bit of an effect on certain assets.