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BUSINESSThe Hill·3h ago

10-year Treasury yield spikes to highest point since 2007

Photo · The Hill
AI TLDR · GEMINI

The benchmark 10-year U.S. Treasury yield reached 5.11% on Wednesday, its highest level since 2007. The spike occurred during a market sell-off linked to rising government debt and international conflict. The yield increased by approximately 14 basis points from Tuesday's close.

The benchmark 10-year U.S. Treasury bond yield again hit a 19-year high on Wednesday, as the market sell-off continues amid the Iran war and rising government debt. The 10-year note closed at 5.11 percent on Wednesday, up roughly 14 basis points from its closing point on Tuesday. The 10-year bond yield peaked at more than...

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