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Mmastodon BusinessMarkets first seen 1 h ago, last 12 min ago, peak #7

Treasury Yields Hit Highest Levels Since 2007 on Strong Jobs Report

Original: 🟠 UPDATE Potential Fed Rate Hike Driven by Strong Jobs Report 10-year Treasury yields have reached 5.10%, the highest le

US 10-year Treasury yields have climbed to 5.10%, the highest level since July 2007, with 30-year yields reaching 5%, marking multi-decade highs. The surge follows a strong jobs report that has raised expectations the Federal Reserve may hike interest rates again. Investors are weighing what elevated borrowing costs mean for markets, mortgages and the wider economy.

Why now: Surging Treasury yields to multi-decade highs and the prospect of another Fed rate hike have major implications for markets and the economy.

Federal ReserveUS Treasury10-year Treasury yield30-year Treasury yield

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