US Treasury yields climb along the curve on Thursday as media reports that the Iran-Oman deal would ban US and Israeli ships from entering the Strait of Hormuz drive crude prices higher, while traders await the latest employment report. US yields climb as Iran-linked shipping risks lift crude prices, reinforcing inflation concerns before NFPFars News agency reported that Iran is blocking US and Israeli vessels from entering Hormuz, triggering a jump in Oil prices. Money markets continued to speculate that the Federal Reserve (Fed) would raise rates at the September meeting. Meanwhile, Fed Governor Lisa Cook stated that she supported holding rates, but added that if disinflation stalls, she would be ready to act. US Treasury yields – chartUS yields