Benchmark 10-year US Treasury yields held near a 2007 high at 5.2383% in Asia and were on track to rise nearly 50 basis points in September, their largest monthly increase in about two years. Bond prices move inversely to yields, making the surge important for global stocks, mortgages and corporate borrowing. Analysts said markets may be entering a structurally higher-yield regime as deteriorating government finances, increased issuance, inflation and elevated energy costs pressure sovereign debt. Equities largely absorbed the move, supported by corporate earnings, global economic strength and enthusiasm for artificial intelligence. The dollar was set for a 2% monthly gain, while oil prices rose on concerns about prolonged Middle East supply disruptions.