The statement contains a significant error: “its highest level since January 2025” is incorrect as January 2025 is a future date.
**Correction:** It should refer to a *past* date when the 10-year Treasury yield was last at that level. Given the context of “fresh highs,” it likely means the highest level in a significant period. For example, in October 2023, the 10-year Treasury yield briefly touched around 5%, which was its highest level since 2007.
**Revised Statement (example, assuming it’s meant to be a recent multi-year high):**
“US borrowing costs hit fresh highs over inflation fears. The **10-year Treasury yield** rose to 4.79%, its highest level **since October 2023** (or ‘since 2007’ if referring to a longer timeframe), as oil prices surged.”
