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The 10-year Treasury yield breached levels last seen in 2007, with intensifying worries about energy-driven inflation contributing to bond investors’ angst.
The U.S. 10-year Treasury yield rose to its highest level since 2007, reaching as high as 5.04% before easing back. The increase reflects bond investor concern over energy-driven inflation, pushing U.S. government borrowing costs to a multi-decade peak.
BBC News – Business The 10-year Treasury yield breached levels last seen in 2007, with intensifying worries about energy-driven inflation contributing to bond investors’ angst.
The 10-year Treasury yield breached levels last seen in 2007, with intensifying worries about energy-driven inflation contributing to bond investors’ angst.
BBC News – Business The effective interest rate on US government bonds over 10 years, known as the 10-year Treasury yield, has risen as high as 5.04% but has eased back since.
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