Global bond selloff pushes 10-year US yield toward 5% on oil, rate-hike fears ↧ ↧ Global bond selloff pushes 10-year US yield toward 5% on oil, rate-... A global bond selloff pushed U.S. 10-year Treasury yields near the closely watched 5% level on Friday ​as inflationary fears stemming from oil prices surging well beyond $100 a barrel and rising odds of a near-term U.S. rate hike rattled investors.