The yield on the US 10-year Treasury note rose for a fourth straight session at the start of the year's final quarter, reaching 5.33%, its highest level since early 2002. The two-year yield climbed to 4.91%, reflecting its greater sensitivity to expectations for near-term Federal Reserve policy, while the 30-year yield rose to around 5.67%, also its highest level since 2002. Treasury yields, which move inversely to bond prices, remain under pressure as traders anticipate further monetary tightening to contain persistent inflation linked to higher oil prices. The absence of a resolution to the conflict in the Middle East, concerns about the US fiscal and debt outlook, and resilient economic data are also pushing yields higher. Traders have already priced in another Federal Reserve rate hike this year.