The 10-year Treasury yield, which serves as a benchmark for mortgage rates and as an investor confidence barometer, on Tuesday surged to its highest level since 2007. The 10-year Treasury yield was last up about 8 basis points to 4.758%. The 30-year Treasury yield rose as high 4.874%, also the highest since 2007. The 2-year … Read more
The benchmark 10-year Treasury yield rose Wednesday, reaching its highest level in more than 15 years, as traders weighed fears of persistent inflation and tighter monetary policy for longer than expected. The 10-year Treasury yield gained 6 basis points to 4.624%. It had risen as high as 4.566% on Tuesday, its highest level since 2007. The … Read more
Westend61 | Westend61 | Getty Pictures Specialists have been pointing to a coming downturn for the U.S. economic system. The query was when. Now, nonetheless, some companies and specialists are strolling again these predictions, calling into query the validity of a once-trusted recession indicator referred to as the yield curve inversion. “Whereas it’s true that … Read more
U.S. Treasury yields had been blended Thursday as traders digested minutes from the Federal Reserve’s newest assembly and regarded the outlook for inflation and rates of interest. At 4:04 p.m. ET, the yield on the 10-year Treasury was greater than 2 foundation factors larger at 4.282%, reaching its highest degree since October 2022. In the … Read more