Emerging

U.S. 10-Year Treasury Yield Reaches 2007 High

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.

2-source coverage 2 references
NYTBBC
US borrowing costs hit highest level since 2007 BBC News – Business
In brief

What the sources add

The 10-year Treasury yield breached levels last seen in 2007, with intensifying worries about energy-driven inflation contributing to bond investors’ angst.

Source coverage

Media reports

Business
NYT

Key U.S. Borrowing Rate Rises to Highest Level Since 2007

The 10-year Treasury yield breached levels last seen in 2007, with intensifying worries about energy-driven inflation contributing to bond investors’ angst.

US borrowing costs hit highest level since 2007BBC News – Business
BBC

US borrowing costs hit highest level since 2007

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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