Treasury Yields Hit 24-Year Highs Ahead Of $39B 10-Year Note Sale — Danske Reportedly Sees Risk Of 6% As Pressure Builds
Persistent inflation, higher energy prices and heavy borrowing by the government and hyperscalers are pressuring long-dated Treasuries, with the 10-year auction seen as a test of investor demand. The 10-year Treasury yield hit 5.361%, and the 30-year reached 5.730%, their highest levels since 2002. France’s 10-year yield rose 12 basis points to 4.876%, and the … Read more