10-year Treasury yield hits 24-year high as bond selloff deepens
The benchmark 10-year Treasury yield climbed to 5.342% Thursday, its highest since 2002 and its biggest quarterly rise this century, as investors brace for higher-for-longer rates.
The benchmark 10-year Treasury yield climbed to 5.342% Thursday, its highest since 2002 and its biggest quarterly rise this century, as investors brace for higher-for-longer rates.