Mmastodon BusinessMarkets first seen 6 h ago, last 44 min ago, peak #9
US 10-Year Treasury Yield Hits Highest Level Since 2002
Original: 🟠 UPDATE 10-Year Treasury Yield Hits 24-Year High Specific intraday yield figures provided: 10-year reached 5.361% (high
The 10-year US Treasury yield climbed to 5.361%, its highest level since April 2002, while the 30-year yield touched 5.730%, last seen in May 2002. The 2-year yield traded near a 2024 high around 4.954%. Long-dated French bonds were also reported to be under pressure, pointing to a broad global rise in government borrowing costs.
Why now: Bond yields at multi-decade highs signal rising government borrowing costs, affecting mortgages, markets and the wider economy.
US Treasury10-year Treasury yieldFranceFederal Reserve
Rank over time, top of the chart is #1. 5 snapshots from 6 h ago to 44 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1385067