Mmastodon BusinessFinance first seen 5 h ago, last 5 h ago, peak #6
10-year Treasury yield tops 5.3%, highest in 24 years
Original: 10-year Treasury yield climbs above 5.3% to a level not seen in 24 years https://www.wsj.com/finance/investing/surging-y
The yield on the 10-year US Treasury note has climbed above 5.3%, a level last seen around the turn of the century, according to the Wall Street Journal. The surge in yields is shaking markets, pushing borrowing costs higher and drawing attention to the bond market's return to levels unfamiliar to most modern investors.
Why now: Rising Treasury yields affect mortgages, stocks and government borrowing costs, making the milestone alarming for investors and households.
US Treasury10-year Treasury noteWall Street Journal
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Evidence
- 10-year Treasury yield climbs above 5.3% to a level not seen in 24 years https://www.wsj.com/finance/investing/surging-yields-bring-the-bond-market-back-to-the-turn-of-the-century-2b74773f # HackerNews # Tech # Finance · hackernews@robot.villas · 3
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