A deepening selloff in the U.S. bond market drove the yield on the 10-year U.S. Treasury note to 5% for the first time in 16 years, marking a milestone that has rattled stocks, lifted mortgage rates and fueled persistent fears of an economic slowdown.
A critical driver of U.S. borrowing costs, the 10-year yield rose as high as 5.021% in early morning trading on Monday, up from roughly 3.8% at the start of the year. It then reversed course and settled at 4.836% after the long-awaited breach of 5% stoked fresh buying interest.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
24World Media does not take any responsibility of the information you see on this page. The content this page contains is from independent third-party content provider. If you have any concerns regarding the content, please free to write us here: contact@24worldmedia.com
The Greenport Fire Department will hold its annual memorial in honor of its fallen firefighters on...
The post Today’s page 1: 6-12-26 appeared first on Itemlive. Source...
For Jessica Cruz, also known as Ephemeral Jess, art has never been just about paint on a canvas. It’s...
LYNN — Talk about a way to end a meeting. Dr. Molly Cohen was unanimously appointed to serve as the...
NORTH ANDOVER — Beneath the bright lights at Merrimack College, St. Mary’s girls flag football team...
MARBLEHEAD — The Veterans of Foreign Wars Post 2005 will mark a major milestone in the nation’s...
LTTE: Local representatives ignored voters on legislative audits
Bulgarian woman building a business in Saugus
Beth Anderson: Banning cell phones in our schools had a postivie impact on teaching and learning
Lynn’s Crisman receives national teaching award
Police Logs: June 10, 2026
Scooter ride ends at Nahant Police Station
Marblehead addresses use of $15M override
LHAND awards scholarships to 53 Lynn seniors
Lynn students row, row, row their boat
Commentary: Mamdani is about to make housing even more expensive
Swampscott plays it smart on affordable housing
Four Marblehead runners racing to Nike Nationals