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US 10-year yield breaks the October high -- now highest since pre-financial crisis

US 10-year yield breaks the October high -- now highest since pre-financial crisis
You haven't been able to get paid this much holding US 10-year notes since before the financial crisis.US 10-year yields are now up 9.7 basis points on the day, breaking the October high of 4.33% and rising to 4.35%. That's the highest since November 2007.The high of this century is 5.33%, which is still a full point away but there's now plenty of talk about 4.50% as the next level to watch.If you're Powell and writing your Jackson Hole speech, you have to worry that the market is saying that we... Read More
Posted: Aug 21 2023, 14:32
Author Name: forexlive
Views: 110576

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