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10-Year Treasury Yield Touches 24-Year High Before Retreating
Original: 🟠 UPDATE 10-Year Treasury Yield Hits 24-Year High Treasury yields retreated from session highs following a $39 billion a
The yield on 10-year US Treasury notes reached a 24-year high before pulling back from session peaks after a $39 billion auction of 10-year notes drew strong investor demand. The solid auction eased immediate pressure on bond markets, though yields remain at multi-decade levels, keeping borrowing costs for mortgages, companies and the US government elevated.
Why now: Yields at their highest levels in decades affect mortgages, government borrowing and global markets, drawing wide attention.
US Treasury10-year Treasury note
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1392065