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Mmastodon BusinessMarkets first seen 7 h ago, last 1 h ago, peak #7

Treasury Yields Hit Highest Level Since 2007 on Strong Jobs Report

Original: 🟠 UPDATE Potential Fed Rate Hike Driven by Strong Jobs Report 10-year Treasury yields have reached 5.10%, the highest le

US 10-year Treasury yields have climbed to 5.10%, their highest level since July 2007, while 30-year yields reached 5%, multi-decade highs not seen in two decades. The surge follows a strong US jobs report that has fuelled expectations the Federal Reserve may raise interest rates again, with investors weighing the impact on borrowing costs, mortgages and market conditions.

Why now: Surging yields and renewed Fed rate-hike expectations are rattling investors across bond, equity and mortgage markets.

Federal ReserveUS Treasury10-year Treasury yield30-year Treasury yield

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