Mmastodon BusinessMarkets first seen 13 h ago, last 2 h ago, peak #7
Treasury yields hit 5.10%, highest since 2007, on strong jobs data
Original: 🟠 UPDATE Potential Fed Rate Hike Driven by Strong Jobs Report 10-year Treasury yields have reached 5.10%, the highest le
Ten-year Treasury yields have climbed to 5.10%, their highest level since July 2007, while 30-year yields reached 5%, levels not seen in roughly two decades. The surge follows a stronger-than-expected US jobs report, which is fueling speculation that the Federal Reserve may raise interest rates again. Investors are weighing what persistent yields at multi-decade highs mean for borrowing costs, equities and the broader economy.
Why now: Strong jobs data is pushing US Treasury yields to multi-decade highs and reviving expectations of another Fed rate hike.
Federal ReserveUS TreasuryUS labor market
Rank over time, top of the chart is #1. 7 snapshots from 11 h ago to 2 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/112865