Treasury yields resumed their rise, reversing recent declines as investors reassessed the economic outlook. The yield on the benchmark 10-year note climbed to 4.57%, up from 4.50% the previous session. This move higher reflects ongoing concerns about inflation and the Federal Reserve's next policy steps.\n\nMeanwhile, oil prices snapped a multi-session winning streak, with West Texas Intermediate crude falling 1.2% to settle at $71.30 a barrel.

The decline came amid profit-taking and uncertainty over global demand, ending a run of gains driven by supply concerns.\n\nIn corporate news, McDonald’s outlined a spending plan for the coming year, focusing on store upgrades and digital expansion. The fast-food giant did not disclose specific dollar figures but emphasized investments in technology and customer experience to drive growth.\n\nThe moves across markets highlight a cautious tone among investors, balancing inflation fears with corporate optimism. Analysts will watch for further data on employment and consumer spending to gauge the economic trajectory.