Ten-year Treasury yield reaches highest since 2007; the rising cost of war in Iran, and more

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  The yield on American 10-year treasuries hit its highest since 2007 on Tuesday, briefly reaching 5.04%.

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  Meanwhile, the price of Brent crude, the international oil benchmark,

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  rose above $108 a barrel after Saudi Arabia shut its vital east-west oil pipeline last week.

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  American stocks fell as investors anticipated that the Federal Reserve would raise interest rates on Wednesday.

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