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10-Year Treasury Yield Surges Above 5.20% as Bond Market Faces Pressure
The post 10-Year Treasury Yield Surges Above 5.20% as Bond Market Faces Pressure appeared first on Coinpedia Fintech News The 10-year Treasury yield has climbed above 5.20%, its highest level in 19 years, rising nearly…
· 1 min read · 148 words · via Coinpedia
Wire briefing
The post 10-Year Treasury Yield Surges Above 5.20% as Bond Market Faces Pressure appeared first on Coinpedia Fintech News The 10-year Treasury yield has climbed above 5.20%, its highest level in 19 years, rising nearly 30 basis points in two days. The move comes as September’s flash PMI reached a five-year high, inflation pressures increased and markets priced in a more hawkish Fed. Oil remains near $100, while heavy government borrowing is adding pressure …
Source: Coinpedia. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.
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