Mmastodon BusinessMarkets first seen 7 h ago, last 57 min ago, peak #7
US 10-Year Treasury Yield Hits 24-Year High of 5.28%
Original: 🔴 BREAKING U.S. Treasury Yields Hit 24-Year High Despite Weak Jobs Report U.S. 10-year Treasury yields rose to a 24-year
The US 10-year Treasury yield climbed to 5.28% on October 2, a 24-year high, defying the usual pattern where weak jobs data pushes yields lower. The move surprised analysts, who read it as a sign of shifting investor sentiment and mounting pressure on US borrowing costs, with implications for mortgages, credit and equity markets.
Why now: Bond yields at multi-decade highs despite soft jobs data defy normal market logic, raising fears about fiscal strains and higher-for-longer interest rates.
Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 57 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/870568