Ten-year Treasury yields have surged to their highest levels since January 2025, driven by escalating tensions in the Middle East and persistent elevated inflation. Dr. Atsi Sheth, Chief Credit Officer at Moody's Ratings, joined the discussion to analyze the broader implications of this trend. She emphasized that the rise in longer-dated yields is structural, reflecting a new macroeconomic regime that began several years ago. She speaks with Katie Greifeld & Bailey Lipschultz on "The Close."