10-year Treasury yields hit 24-year high
The yield on the 10-year U.S. Treasury bond reached 5.34 percent, its highest level since 2002. This increase suggests that borrowing costs for Americans will likely rise.
The yield on the 10-year U.S. Treasury bond hit a 24-year high during Thursday trading, forecasting higher borrowing costs for Americans. The 10-year bond yield topped 5.34 percent early Thursday morning, the note’s highest mark since April 2002. That month, the yield reached a closing peak of 5.48 percent. The note has since decreased to...
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