10-year Treasury yield hits highest since 2002
The 10-year US Treasury yield rose to nearly 5.35%, its highest level since 2002, amid a global bond sell-off despite softer inflation data. The 30-year yield also reached multi-year highs near 5.65%, driven by resilient economic data and fiscal concerns.
Original · CNBC AI summary of public reporting
Why: 10Y yield hits highest since 2002
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At publication → Currentpara:10Y— → ——
para:30Y— → ——
TLT— → 77.96—
SP500— → 7,812—